509 E Monroe ST # 509a, Austin TX 78704

Based on 4 closed sales in 78704, the data points to a value around $938,840 for this home. Given current inventory and recent sales, the sweet spot for listing this home is $1,047,000 to $1,103,000. Buyers shopping in 78704 right now would see this as a well positioned option among 3 comparable homes. This home's larger footprint (168 sqft vs the comp average) plays a role in how the market prices it. The active market in 78704 includes 3 comparable homes priced from $1,050,000 to $1,100,000. Market data shows 78704 prices fallen 3.8% over the last half year. The closest comparable sale, 2140 Sage Creek LOOP, Austin TX 78704 at an adjusted $714,589, is a strong comparable. This estimate draws on 4 comparable sales, offering a reliable picture of market value. That said, this is a data only estimate. A walkthrough could change the picture. Want a detailed analysis for a home you're considering? I'm happy to help. Ed Neuhaus