4901 Caswell Ave, Austin TX 78751

Based on what similar homes have actually sold for within half a mile, I'd place this property's value at $658,734. I'd recommend coming to market at $646,000 to $672,000 to strike the right balance between value and market velocity. With 4 comparable homes on the market in WALLACE J, this price positions the property as the most expensive of 4 comparable homes on the market. Being 133 sqft larger than the average comparable sale in this area impacts the per square foot value. The 0.21 acre lot (larger than the 0.14 acre average) is reflected in the estimate. Current inventory shows 4 comparable homes in WALLACE J; a buyer's market based on recent absorption. The trend in 78751 shows prices have fallen 11% in the past 6 months. 919 Gene Johnson ST, Austin TX 78751 nearby adjusts to $669,991; a strong comparable. With 7 solid comps to draw from, the data tells a consistent story. Of course, without seeing the property in person, this is a data based estimate only. Ed Neuhaus, Neuhaus Realty Group