3504 Red River ST # 3, Austin TX 78705

After adjusting 7 comparable sales for differences in size, age, and features, this home's estimated value is $1,544,194. Pricing this home between $1,775,000 and $1,944,000 would put it in the competitive sweet spot for 78705. Relative to what's currently available in 78705, this home would be the most affordable of 7 comparable homes on the market. This home's larger footprint (205 sqft vs the comp average) plays a role in how the market prices it. At 16 years newer than typical comps, the 1983 build date influences the valuation. Right now, 7 similar properties are competing for buyers in 78705, listed between $1,499,927 and $2,750,000. Market data shows 78705 prices fallen 18.4% over the last half year. The closest comparable sale, 4404 Red River ST, Austin TX 78751 at an adjusted $1,144,912, is with a pool. With 7 comparable sales in 78705, this estimate carries a reasonable degree of confidence. This estimate is based entirely on market data. An in person evaluation could refine it further. Ed Neuhaus, Broker/Owner, Neuhaus Realty Group