3710 Govalle Ave # U1, Austin TX 78702

Based on what similar homes have actually sold for within a mile, I'd place this property's value at $446,398. I'd recommend coming to market at $327,000 to $337,000 to strike the right balance between value and market velocity. At this price, the property would be the 4th most expensive of 7 comparable homes on the market comparable homes currently on the market in GOODWIN E. This home's smaller footprint (213 sqft vs the comp average) plays a role in how the market prices it. Built in 1939, this home is 37 years older than the average comp, which is reflected in the adjustments. Right now, 7 similar properties are competing for buyers in GOODWIN E, listed between $319,999 and $530,000. The trend in 78702 shows prices have fallen 4.7% in the past 6 months. 2723 Lyons RD # B, Austin TX 78702 nearby adjusts to $396,496; a strong comparable. Based on 7 relevant data points in GOODWIN E, 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