406 E Annie ST, Austin TX 78704

The market data from 7 similar recent sales in FAIRVIEW PARK points to a value of approximately $1,214,497. To sell within a reasonable timeframe at fair market value, the $620,000 to $630,000 range is where I'd position this. At this price, the property would be the most expensive of 7 comparable homes on the market comparable homes currently on the market in FAIRVIEW PARK. The 1985 construction puts this home 27 years newer than the comp average, a factor in the pricing. At 0.14 acres, the lot is smaller than the 0.23 acre comp average, which factors into pricing. 7 similar homes are currently available in FAIRVIEW PARK, creating a buyer's market for this price range. In 78704, home values have fallen approximately 5.4% over the past 6 months. One of the strongest data points is 1304 Travis Heights BLVD, Austin TX 78704, adjusting to $1,467,879; a strong comparable. 7 comparable transactions in FAIRVIEW PARK 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