507 W Live Oak ST, Austin TX 78704

Looking at what buyers have actually paid for similar homes nearby, this property comes in at approximately $563,856. To generate strong buyer interest while maximizing value, I'd price this between $377,000 and $387,000. At this price, the property would be the 3rd least expensive of 7 comparable homes on the market comparable homes currently on the market in BOULDIN SOUTH EXT. The smaller floor plan (157 sqft compared to the average comp) is a meaningful differentiator in this price range. The 1947 construction puts this home 9 years older than the comp average, a factor in the pricing. Current inventory shows 7 comparable homes in BOULDIN SOUTH EXT; a buyer's market based on recent absorption. The trend in 78704 shows prices have fallen 3.9% in the past 6 months. 2702 Little John LN, Austin TX 78704 nearby adjusts to $495,281; a strong comparable. The 3 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