505 W Alpine RD, Austin TX 78704

Based on 7 closed sales in FORTVIEW, the data points to a value around $815,715 for this home. Given current inventory and recent sales, the sweet spot for listing this home is $1,264,000 to $1,294,000. This pricing would rank the home as the most affordable of 7 comparable homes on the market in FORTVIEW's current inventory. At 880 sqft larger than the typical comp, the size difference factors into the valuation. Being built in 1950 (34 years older than comps) is factored into the value estimate. There are currently 7 similar homes on the market in FORTVIEW, ranging from $1,195,000 to $1,650,000. Market data shows 78704 prices fallen 3.8% over the last half year. The closest comparable sale, 2504 S 4th ST, Austin TX 78704 at an adjusted $1,294,447, is with a smaller floor plan. The strength of this estimate comes from 7 directly comparable sales in FORTVIEW. 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