3500 Larchmont CV # A, Austin TX 78704

Based on 7 closed sales in LARCHMONT PLACE, the data points to a value around $616,308 for this home. Given current inventory and recent sales, the sweet spot for listing this home is $368,000 to $378,000. Buyers shopping in LARCHMONT PLACE right now would see this as a well positioned option among 7 comparable homes. Being built in 1985 (6 years older than comps) is factored into the value estimate. Lot size matters here: 0.19 acres versus 0.08 for the typical comp. With 7 similar homes currently listed in LARCHMONT PLACE (a buyer's market), competition is a factor to consider. Market data shows 78704 prices fallen 1.2% over the last half year. The closest comparable sale, 1718 Valeria ST, Austin TX 78704 at an adjusted $931,921, is a strong comparable. This estimate draws on 7 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