511 E 49th ST, Austin TX 78751

Looking at what buyers have actually paid for similar homes nearby, this property comes in at approximately $1,353,690. To generate strong buyer interest while maximizing value, I'd price this between $1,364,000 and $1,380,000. At this price, the property would be the most expensive of 3 comparable homes on the market comparable homes currently on the market in 78751. The larger floor plan (172 sqft compared to the average comp) is a meaningful differentiator in this price range. At 0.23 acres, the lot is larger than the 0.17 acre comp average, which factors into pricing. Current inventory shows 3 comparable homes in 78751; a buyer's market based on recent absorption. The trend in 78751 shows prices have fallen 13.9% in the past 6 months. 715 E 50th ST, Austin TX 78751 nearby adjusts to $1,363,847; a strong comparable. 7 comparable transactions in 78751 support the reliability of this estimate. As always, a data based estimate has its limits. Seeing the home in person is the best way to confirm value. Ed Neuhaus, Broker/Owner | Neuhaus Realty Group