5002 Baker ST, Austin TX 78721

Based on what similar homes have actually sold for within a mile, I'd place this property's value at $321,612. I'd recommend coming to market at $255,000 to $265,000 to strike the right balance between value and market velocity. In the current FLOURNOY & JONES market with 5 similar homes available, this price represents the most expensive of 5 comparable homes on the market. This home's smaller footprint (389 sqft vs the comp average) plays a role in how the market prices it. Built in 1930, this home is 38 years older than the average comp, which is reflected in the adjustments. 5 similar homes are currently available in FLOURNOY & JONES, creating a buyer's market for this price range. The trend in 78721 shows prices have fallen 6.9% in the past 6 months. 4801 Lott Ave, Austin TX 78721 nearby adjusts to $303,887; with a larger floor plan. 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