4208 Avenue D, Austin TX 78751

My analysis of 7 comparable properties puts this home's estimated value at $198,535. Based on how the local market is moving, a list price between $202,000 and $213,000 would position this home well. This would position the home competitively among 7 active listings in BLOOR MRS M. At 40 years older than typical comps, the 1937 build date influences the valuation. The smaller lot (0.14 acres versus the area average of 0.20) contributes to the valuation. With 7 similar homes currently listed in BLOOR MRS M (a buyer's market), competition is a factor to consider. The 6 month price trend in 78751: fallen 12.9%. The best comp here is 3914 Avenue D # 105, Austin TX 78751 at an adjusted value of $200,296, a strong comparable. With 7 comparable sales in BLOOR MRS M, this estimate carries a reasonable degree of confidence. This estimate is based entirely on market data. An in person evaluation could refine it further. Ed Neuhaus, Broker/Owner, Neuhaus Realty Group