The estimated value of this property is $399,458, based on 5 comparable sales within a few blocks. In today's market, I'd bring this home to market somewhere between $507,000 and $529,000. In the current CHARLES STREET market with 7 similar homes available, this price represents the most affordable of 7 comparable homes on the market. Built in 1961, this home is 5 years newer than the average comp, which is reflected in the adjustments. There are currently 7 similar homes on the market in CHARLES STREET, ranging from $485,000 to $575,000. Recent trends in 78702 show home values have risen 1.9% since 6 months ago. The most comparable recent sale is 3303 Thompson ST, Austin TX 78702, with an adjusted value of $366,064; a strong comparable. Based on 5 relevant data points in CHARLES STREET, I'm comfortable with this estimate. Without stepping inside, I can only go by what the data shows. An in person look would tell the full story.
Ed Neuhaus, Neuhaus Realty Group | Austin, TX