408 W 51st ST # B, Austin TX 78751

Looking at what buyers have actually paid for similar homes nearby, this property comes in at approximately $605,904. To generate strong buyer interest while maximizing value, I'd price this between $711,000 and $741,000. Against 7 similar active listings in 78751, this price point lands at the most affordable of 7 comparable homes on the market. The 449 sqft size difference versus comparable sales is reflected in the adjusted values. The 2014 construction puts this home 15 years newer than the comp average, a factor in the pricing. Right now, 7 similar properties are competing for buyers in 78751, listed between $674,999 and $845,000. The trend in 78751 shows prices have risen 5.8% in the past 6 months. 919 Gene Johnson ST, Austin TX 78751 nearby adjusts to $767,820; a strong comparable. The 7 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