507 Sabine ST # 309, Austin TX 78701

Based on what similar homes have actually sold for within a mile, I'd place this property's value at $497,204. I'd recommend coming to market at $402,000 to $412,000 to strike the right balance between value and market velocity. At this price, the property would be the most expensive of 5 comparable homes on the market comparable homes currently on the market in SABINE. With 5 similar homes currently listed in SABINE (a buyer's market), competition is a factor to consider. The trend in 78701 shows prices have fallen 21.8% in the past 6 months. 360 Nueces ST # 2807, Austin TX 78701 nearby adjusts to $495,847; a strong comparable. Based on 7 relevant data points in SABINE, 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