500 S 3 ST # A, Austin TX 78704

My analysis of 4 comparable properties puts this home's estimated value at $1,200,613. Based on how the local market is moving, a list price between $1,320,000 and $1,387,000 would position this home well. This would position the home competitively among 6 active listings in 78704. At 182 sqft smaller than the typical comp, the size difference factors into the valuation. The larger lot (0.17 acres versus the area average of 0.13) contributes to the valuation. There are currently 6 similar homes on the market in 78704, ranging from $1,090,000 to $1,495,000. The 6 month price trend in 78704: fallen 3.8%. The best comp here is 902 W Live Oak ST, Austin TX 78704 at an adjusted value of $1,158,259, with a larger floor plan. With 4 comparable sales in 78704, this estimate carries a reasonable degree of confidence. This estimate is based entirely on market data. An in person evaluation could refine it further. Ed Neuhaus, Broker/Owner, Neuhaus Realty Group