408 W 55th ST, Austin TX 78751

The market data from 6 similar recent sales in NORTHFIELD ANNEX points to a value of approximately $557,231. To sell within a reasonable timeframe at fair market value, the $701,000 to $726,000 range is where I'd position this. Against 3 similar active listings in NORTHFIELD ANNEX, this price point lands at the most affordable of 3 comparable homes on the market. This home's larger footprint (130 sqft vs the comp average) plays a role in how the market prices it. At 0.15 acres, the lot is smaller than the 0.18 acre comp average, which factors into pricing. The active market in NORTHFIELD ANNEX includes 3 comparable homes priced from $700,000 to $925,000. In 78751, home values have risen approximately 5.8% over the past 6 months. One of the strongest data points is 101 W 55th ST, Austin TX 78751, adjusting to $701,212; a strong comparable. The 6 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