413 W LIVE OAK ST, Austin TX 78704

Based on what similar homes have actually sold for within a mile, I'd place this property's value at $1,470,284. I'd recommend coming to market at $666,000 to $676,000 to strike the right balance between value and market velocity. With 7 comparable homes on the market in 78704, this price positions the property as the 3rd least expensive of 7 comparable homes on the market. At 145 sqft larger than the typical comp, the size difference factors into the valuation. Built in 2002, this home is 25 years newer than the average comp, which is reflected in the adjustments. Right now, 7 similar properties are competing for buyers in 78704, listed between $574,999 and $1,950,000. The trend in 78704 shows prices have fallen 3.8% in the past 6 months. 1802 Eva ST, Austin TX 78704 nearby adjusts to $1,540,758; a strong comparable. 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