503 Clarke ST, Austin TX 78745

Based on 3 closed sales in PLACIDENA, the data points to a value around $364,415 for this home. Given current inventory and recent sales, the sweet spot for listing this home is $502,000 to $542,000. This home's position in the current PLACIDENA market: the 2nd least expensive of 7 comparable homes on the market among comparable properties. Lot size matters here: 0.14 acres versus 0.18 for the typical comp. Buyers in PLACIDENA have 7 comparable options right now, with asking prices between $365,000 and $615,000. Market data shows 78745 prices fallen 5.2% over the last half year. The closest comparable sale, 4418 Jinx Ave, Austin TX 78745 at an adjusted $439,687, is a strong comparable. The strength of this estimate comes from 3 directly comparable sales in PLACIDENA. This is strictly a numbers based opinion. Condition, upgrades, and layout can shift value in ways data cannot capture. Have questions? I'm always available. Ed Neuhaus, Neuhaus Realty Group