505 E 50th ST # A, Austin TX 78751

The estimated value of this property is $1,059,376, based on 7 comparable sales within half a mile. In today's market, I'd bring this home to market somewhere between $1,115,000 and $1,285,000. In the current MUELLER FRED market with 3 similar homes available, this price represents the most affordable of 3 comparable homes on the market. Being 344 sqft larger than the average comparable sale in this area impacts the per square foot value. The 0.28 acre lot (larger than the 0.10 acre average) is reflected in the estimate. The active market in MUELLER FRED includes 3 comparable homes priced from $1,195,000 to $1,424,000. Recent trends in 78751 show home values have risen 5.8% since 6 months ago. The most comparable recent sale is 933 E 52nd ST, Austin TX 78751, with an adjusted value of $878,825; with a smaller floor plan. Based on 7 relevant data points in MUELLER FRED, I'm comfortable with this estimate. Without stepping inside, I can only go by what the data shows. An in person look would tell the full story. Ed Neuhaus, Neuhaus Realty Group | Austin, TX