405 E 35th ST, Austin TX 78705

Reviewing the most recent comparable transactions, this home's market value falls around $1,159,306. For a well positioned listing in GROOMS, I'd target the $639,000 to $649,000 range. 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 GROOMS. At 147 sqft larger than the typical comp, the size difference factors into the valuation. With 7 similar homes currently listed in GROOMS (a buyer's market), competition is a factor to consider. Recent trends in 78705 show home values have fallen 11.7% since 6 months ago. The most comparable recent sale is 704 Texas Ave, Austin TX 78705, with an adjusted value of $1,321,145; a strong comparable. 3 comparable transactions in GROOMS 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