4508 Speedway, Austin TX 78751

Looking at what buyers have actually paid for similar homes nearby, this property comes in at approximately $395,889. To generate strong buyer interest while maximizing value, I'd price this between $266,000 and $276,000. With 7 comparable homes on the market in HYDE PARK ANNEX, this price positions the property as the most expensive of 7 comparable homes on the market. At 123 sqft smaller than the typical comp, the size difference factors into the valuation. The 1925 construction puts this home 38 years older than the comp average, a factor in the pricing. With 7 similar homes currently listed in HYDE PARK ANNEX (a seller's market), competition is a factor to consider. The trend in HYDE PARK ANNEX shows prices have fallen 44% in the past 6 months. 810 Keasbey ST, Austin TX 78751 nearby adjusts to $705,575; a strong comparable. 7 comparable transactions in HYDE PARK ANNEX support the reliability of this estimate. As always, a data based estimate has its limits. Seeing the home in person is the best way to confirm value. Ed Neuhaus, Broker/Owner | Neuhaus Realty Group