511 Barton BLVD, Austin TX 78704

Looking at what buyers have actually paid for similar homes nearby, this property comes in at approximately $1,799,807. To generate strong buyer interest while maximizing value, I'd price this between $871,000 and $881,000. With 7 comparable homes on the market in 78704, this price positions the property as the most expensive of 7 comparable homes on the market. At 107 sqft smaller than the typical comp, the size difference factors into the valuation. The 1937 construction puts this home 30 years older than the comp average, a factor in the pricing. With 7 similar homes currently listed in 78704 (a buyer's market), competition is a factor to consider. The trend in 78704 shows prices have fallen 3.8% in the past 6 months. 525 Barton BLVD, Austin TX 78704 nearby adjusts to $1,382,330; with a smaller floor plan. 7 comparable transactions in 78704 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