405 W Monroe ST, Austin TX 78704

The market data from 4 similar recent sales in BECKERS GUS points to a value of approximately $989,004. To sell within a reasonable timeframe at fair market value, the $836,000 to $846,000 range is where I'd position this. With 3 comparable homes on the market in BECKERS GUS, this price positions the property as the 2nd most expensive of 3 comparable homes on the market. At 104 sqft larger than the typical comp, the size difference factors into the valuation. The pool is a differentiator here, since 4 of 4 comparable sales didn't include one. 3 similar homes are currently available in BECKERS GUS, creating a buyer's market for this price range. In 78704, home values have fallen approximately 3.8% over the past 6 months. One of the strongest data points is 514 E Mary ST, Austin TX 78704, adjusting to $936,147; with a smaller floor plan and no pool. The 4 comps used here provide a solid foundation for this valuation. Keep in mind, I have not personally inspected this property. The numbers are data driven, not firsthand. Questions about this property or this area? Reach out anytime. Ed Neuhaus, Neuhaus Realty Group