3500 Harmon Ave # 5, Austin TX 78705

The comparable sales data (3 recent transactions in EAST AVENUE) supports an estimated value of $697,797. The data suggests a list price between $1,495,000 and $1,510,000 would attract qualified buyers without leaving money on the table. This home's position in the current EAST AVENUE market: the most affordable of 6 comparable homes on the market among comparable properties. This home's smaller footprint (134 sqft vs the comp average) plays a role in how the market prices it. Lot size matters here: 0.00 acres versus 0.11 for the typical comp. Current inventory shows 6 comparable homes in EAST AVENUE; a buyer's market based on recent absorption. Prices in 78705 have risen 7.5% over the last 6 months. A similar home at 4001 Red River ST # 2, Austin TX 78751 carries an adjusted comparable value of $652,550, providing a strong data point. This estimate draws on 3 comparable sales, offering a reliable picture of market value. That said, this is a data only estimate. A walkthrough could change the picture. Want a detailed analysis for a home you're considering? I'm happy to help. Ed Neuhaus