501 Park BLVD, Austin TX 78751

Reviewing the most recent comparable transactions, this home's market value falls around $996,525. For a well positioned listing in IDEAL PLACE, I'd target the $780,000 to $790,000 range. With 4 comparable homes on the market in IDEAL PLACE, this price positions the property as the most expensive of 4 comparable homes on the market. The 1920 construction puts this home 7 years older than the comp average, a factor in the pricing. 4 similar homes are currently available in IDEAL PLACE, creating a buyer's market for this price range. Recent trends in 78751 show home values have risen 5.8% since 6 months ago. The most comparable recent sale is 4005 Avenue F Ave, Austin TX 78751, with an adjusted value of $948,316; with a smaller floor plan. 3 comparable transactions in IDEAL PLACE 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