503 Havana ST # 1, Austin TX 78704

My analysis of 7 comparable properties puts this home's estimated value at $1,177,420. Based on how the local market is moving, a list price between $1,412,000 and $1,418,000 would position this home well. This home's position in the current SOUTH PARK market: the most affordable of 6 comparable homes on the market among comparable properties. The larger lot (0.18 acres versus the area average of 0.15) contributes to the valuation. Current inventory shows 6 comparable homes in SOUTH PARK; a buyer's market based on recent absorption. The 6 month price trend in 78704: fallen 3.8%. The best comp here is 2406 Euclid Ave # 1, Austin TX 78704 at an adjusted value of $1,459,038, a strong comparable. With 7 comparable sales in SOUTH PARK, 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