4403 RED RIVER ST, Austin TX 78751

Based on 5 closed sales in 78751, the data points to a value around $178,716 for this home. Given current inventory and recent sales, the sweet spot for listing this home is $201,000 to $229,000. This pricing would rank the home as the most affordable of 7 comparable homes on the market in 78751's current inventory. Being built in 1951 (15 years older than comps) is factored into the value estimate. Lot size matters here: 0.00 acres versus 0.04 for the typical comp. Current inventory shows 7 comparable homes in 78751; a buyer's market based on recent absorption. Market data shows 78751 prices risen 5.8% over the last half year. The closest comparable sale, 3007 Speedway # 6, Austin TX 78705 at an adjusted $256,935, is a strong comparable. This estimate draws on 5 comparable sales, offering a reliable picture of market value. That said, this is a data only estimate. A walkthrough could change the picture. Want a detailed analysis for a home you're considering? I'm happy to help. Ed Neuhaus