507 E Monroe ST, Austin TX 78704

After adjusting 5 comparable sales for differences in size, age, and features, this home's estimated value is $969,131. Pricing this home between $602,000 and $612,000 would put it in the competitive sweet spot for FAIRVIEW PARK. Relative to what's currently available in FAIRVIEW PARK, this home would be the 3rd least expensive of 7 comparable homes on the market. The larger lot (0.17 acres versus the area average of 0.14) contributes to the valuation. 7 similar homes are currently available in FAIRVIEW PARK, creating a buyer's market for this price range. Market data shows FAIRVIEW PARK prices risen 13.1% over the last half year. The closest comparable sale, 2107 Eva ST, Austin TX 78704 at an adjusted $858,714, is a strong comparable. With 5 comparable sales in FAIRVIEW 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