407 W 37th ST, Austin TX 78705

The comparable sales data (7 recent transactions in LAKEVIEW) supports an estimated value of $554,895. The data suggests a list price between $216,000 and $226,000 would attract qualified buyers without leaving money on the table. Buyers shopping in LAKEVIEW right now would see this as a well positioned option among 7 comparable homes. Being built in 1937 (10 years older than comps) is factored into the value estimate. Lot size matters here: 0.07 acres versus 0.13 for the typical comp. With 7 similar homes currently listed in LAKEVIEW (a buyer's market), competition is a factor to consider. Prices in 78705 have fallen 11.7% over the last 6 months. A similar home at 4519 Avenue D, Austin TX 78751 carries an adjusted comparable value of $362,735, providing a strong data point. The strength of this estimate comes from 7 directly comparable sales in LAKEVIEW. This is strictly a numbers based opinion. Condition, upgrades, and layout can shift value in ways data cannot capture. Have questions? I'm always available. Ed Neuhaus, Neuhaus Realty Group