Based on what similar homes have actually sold for within a mile, I'd place this property's value at $684,559. I'd recommend coming to market at $699,000 to $2,132,000 to strike the right balance between value and market velocity. Among the similar homes currently available in BLOCK ORIGINAL CITY, this price point stands out as competitive. The larger floor plan (3,411 sqft compared to the average comp) is a meaningful differentiator in this price range. Built in 1930, this home is 43 years older than the average comp, which is reflected in the adjustments. With 7 solid comps to draw from, the data tells a consistent story. Of course, without seeing the property in person, this is a data based estimate only.
Ed Neuhaus, Neuhaus Realty Group