510 E Monroe ST, Austin TX 78704

The market data from 7 similar recent sales in FAIRVIEW PARK points to a value of approximately $1,091,635. To sell within a reasonable timeframe at fair market value, the $653,000 to $663,000 range is where I'd position this. In the current FAIRVIEW PARK market with 6 similar homes available, this price represents the 3rd least expensive of 6 comparable homes on the market. At 0.23 acres, the lot is larger than the 0.18 acre comp average, which factors into pricing. There are currently 6 similar homes on the market in FAIRVIEW PARK, ranging from $574,999 to $2,000,000. In 78704, home values have fallen approximately 1.4% over the past 6 months. One of the strongest data points is 1800 Alta Vista Ave, Austin TX 78704, adjusting to $995,721; with a larger floor plan. The 7 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