405 W North Loop BLVD # 1, Austin TX 78751

After reviewing 7 recent transactions in KOENIG PLACE, I estimate this property's value at $598,516. A competitive list price for this home right now would fall in the $280,000 to $290,000 range. This pricing would rank the home as the 3rd most expensive of 7 comparable homes on the market in KOENIG PLACE's current inventory. At 5 years newer than typical comps, the 1950 build date influences the valuation. The smaller lot (0.07 acres versus the area average of 0.15) contributes to the valuation. The active market in KOENIG PLACE includes 7 comparable homes priced from $280,000 to $850,000. Prices in 78751 have risen 5.8% over the last 6 months. A similar home at 302 Genard ST, Austin TX 78751 carries an adjusted comparable value of $706,867, providing a strong data point. With 7 comparable sales in KOENIG PLACE, this estimate carries a reasonable degree of confidence. This estimate is based entirely on market data. An in person evaluation could refine it further. Ed Neuhaus, Broker/Owner, Neuhaus Realty Group