4801 Louis Ave # B, Austin TX 78721

Reviewing the most recent comparable transactions, this home's market value falls around $447,412. For a well positioned listing in 78721, I'd target the $523,000 to $537,000 range. At this price, the property would be the most affordable of 4 comparable homes on the market comparable homes currently on the market in 78721. The 2017 construction puts this home 7 years newer than the comp average, a factor in the pricing. At 0.08 acres, the lot is smaller than the 0.14 acre comp average, which factors into pricing. With 4 similar homes currently listed in 78721 (a buyer's market), competition is a factor to consider. Recent trends in 78721 show home values have fallen 13% since 6 months ago. The most comparable recent sale is 4801 Louis Ave # 1, Austin TX 78721, with an adjusted value of $398,944; a strong comparable. 7 comparable transactions in 78721 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