3607 Clawson # B, Austin TX 78704

The market data from 7 similar recent sales in 78704 points to a value of approximately $592,068. To sell within a reasonable timeframe at fair market value, the $594,000 to $622,000 range is where I'd position this. In the current 78704 market with 7 similar homes available, this price represents the 2nd most expensive of 7 comparable homes on the market. The 2004 construction puts this home 15 years newer than the comp average, a factor in the pricing. At 0.19 acres, the lot is larger than the 0.16 acre comp average, which factors into pricing. With 7 similar homes currently listed in 78704 (a buyer's market), competition is a factor to consider. In 78704, home values have fallen approximately 3.8% over the past 6 months. One of the strongest data points is 3406 Menchaca RD # 33, Austin TX 78704, adjusting to $579,382; a strong comparable. 7 comparable transactions in 78704 support the reliability of this estimate. As always, a data based estimate has its limits. Seeing the home in person is the best way to confirm value. Ed Neuhaus, Broker/Owner | Neuhaus Realty Group