3710 Govalle Ave # U2, Austin TX 78702

Based on what similar homes have actually sold for within a mile, I'd place this property's value at $404,867. I'd recommend coming to market at $483,000 to $531,000 to strike the right balance between value and market velocity. Among the similar homes currently available in GOODWIN E, this price point stands out as competitive. Built in 1931, this home is 60 years older than the average comp, which is reflected in the adjustments. The 0.09 acre lot (smaller than the 0.16 acre average) is reflected in the estimate. With 7 similar homes currently listed in GOODWIN E (a buyer's market), competition is a factor to consider. The trend in 78702 shows prices have fallen 2.2% in the past 6 months. 3704 Munson ST # 1, Austin TX 78721 nearby adjusts to $370,773; a strong comparable. With 7 solid comps to draw from, the data tells a consistent story. Of course, without seeing the property in person, this is a data based estimate only. Ed Neuhaus, Neuhaus Realty Group