402 W Annie ST, Austin TX 78704

Looking at what buyers have actually paid for similar homes nearby, this property comes in at approximately $1,062,740. To generate strong buyer interest while maximizing value, I'd price this between $1,099,000 and $1,110,000. At this price, the property would be the 2nd most expensive of 7 comparable homes on the market comparable homes currently on the market in NEWNING & WARNERS. The smaller floor plan (165 sqft compared to the average comp) is a meaningful differentiator in this price range. The 1977 construction puts this home 5 years newer than the comp average, a factor in the pricing. Current inventory shows 7 comparable homes in NEWNING & WARNERS; a buyer's market based on recent absorption. The trend in 78704 shows prices have fallen 4.9% in the past 6 months. 217 Leland ST, Austin TX 78704 nearby adjusts to $1,010,613; a strong comparable. 7 comparable transactions in NEWNING & WARNERS 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