503 E 46th ST, Austin TX 78751

The market data from 4 similar recent sales in STAEHELY points to a value of approximately $812,608. To sell within a reasonable timeframe at fair market value, the $621,000 to $631,000 range is where I'd position this. Against 7 similar active listings in STAEHELY, this price point lands at the 4th most expensive of 7 comparable homes on the market. Being 169 sqft larger than the average comparable sale in this area impacts the per square foot value. The 1950 construction puts this home 9 years newer than the comp average, a factor in the pricing. Current inventory shows 7 comparable homes in STAEHELY; a buyer's market based on recent absorption. In 78751, home values have risen approximately 9.1% over the past 6 months. One of the strongest data points is 830 Harris Ave, Austin TX 78705, adjusting to $923,446; a strong comparable. The 4 comps used here provide a solid foundation for this valuation. Keep in mind, I have not personally inspected this property. The numbers are data driven, not firsthand. Questions about this property or this area? Reach out anytime. Ed Neuhaus, Neuhaus Realty Group