400 W Milton ST, Austin TX 78704

Based on 3 closed sales in BECKERS GUS, the data points to a value around $741,009 for this home. Given current inventory and recent sales, the sweet spot for listing this home is $266,000 to $276,000. Buyers shopping in BECKERS GUS right now would see this as a well positioned option among 7 comparable homes. Being built in 1932 (5 years older than comps) is factored into the value estimate. Lot size matters here: 0.15 acres versus 0.12 for the typical comp. 7 similar homes are currently available in BECKERS GUS, creating a buyer's market for this price range. Market data shows 78704 prices fallen 1.7% over the last half year. The closest comparable sale, 1918 Newning Ave, Austin TX 78704 at an adjusted $701,176, is a strong comparable. The strength of this estimate comes from 3 directly comparable sales in BECKERS GUS. This is strictly a numbers based opinion. Condition, upgrades, and layout can shift value in ways data cannot capture. Have questions? I'm always available. Ed Neuhaus, Neuhaus Realty Group