514 E Annie ST, Austin TX 78704

The comparable sales data (3 recent transactions in ARCHER ROY) supports an estimated value of $1,978,084. The data suggests a list price between $1,374,000 and $1,384,000 would attract qualified buyers without leaving money on the table. Relative to what's currently available in ARCHER ROY, this home would be the 2nd least expensive of 5 comparable homes on the market. The larger floor plan (308 sqft compared to the average comp) is a meaningful differentiator in this price range. Being built in 2008 (7 years older than comps) is factored into the value estimate. With 5 similar homes currently listed in ARCHER ROY (a buyer's market), competition is a factor to consider. Prices in 78704 have fallen 5.3% over the last 6 months. A similar home at 1809 Eva ST, Austin TX 78704 carries an adjusted comparable value of $1,650,325, providing a strong data point. The strength of this estimate comes from 3 directly comparable sales in ARCHER ROY. This is strictly a numbers based opinion. Condition, upgrades, and layout can shift value in ways data cannot capture. Have questions? I'm always available. Ed Neuhaus, Neuhaus Realty Group