4706 Louis Ave, Austin TX 78721

Reviewing the most recent comparable transactions, this home's market value falls around $417,113. For a well positioned listing in EASTFIELD, I'd target the $252,000 to $262,000 range. With 5 comparable homes on the market in EASTFIELD, this price positions the property as the 2nd most expensive of 5 comparable homes on the market. The 1954 construction puts this home 6 years older than the comp average, a factor in the pricing. With 5 similar homes currently listed in EASTFIELD (a buyer's market), competition is a factor to consider. Recent trends in 78721 show home values have fallen 14.6% since 6 months ago. The most comparable recent sale is 1165 Nickols Ave # 1, Austin TX 78721, with an adjusted value of $435,957; with a larger floor plan. 3 comparable transactions in EASTFIELD 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