3801 Wilson ST, Austin TX 78704

This home was listed at $949,000 and was on the market for 111 days before expiring. Based on comparable sales, the market data suggests a value closer to $788,409. Here are some factors that may have played a role: At $565/sqft, the asking price appears to have been significantly above the neighborhood average of $517/sqft. That gap that can deter buyer interest. After 111 days on market, buyer interest typically drops, and listings can become "stale" in buyer perception. The listing had a price reduction during its time on market, which can sometimes affect buyer perception. This home's larger footprint (191 sqft vs the comp average) plays a role in how the market prices it. Being built in 1961 (6 years older than comps) is factored into the value estimate. This estimate draws on 7 comparable sales, offering a reliable picture of market value. That said, this is a data only estimate. A walkthrough could change the picture. Want a detailed analysis for a home you're considering? I'm happy to help. Ed Neuhaus