514 E Monroe ST, Austin TX 78704

My analysis of 7 comparable properties puts this home's estimated value at $644,315. Based on how the local market is moving, a list price between $303,000 and $313,000 would position this home well. Buyers shopping in FAIRVIEW PARK right now would see this as a well positioned option among 7 comparable homes. At 23 years older than typical comps, the 1930 build date influences the valuation. The larger lot (0.36 acres versus the area average of 0.09) contributes to the valuation. 7 similar homes are currently available in FAIRVIEW PARK, creating a balanced market for this price range. The 6 month price trend in FAIRVIEW PARK: fallen 53%. The best comp here is 107 W Milton ST, Austin TX 78704 at an adjusted value of $1,131,142, with a larger floor plan. With 7 comparable sales in FAIRVIEW PARK, this estimate carries a reasonable degree of confidence. This estimate is based entirely on market data. An in person evaluation could refine it further. Ed Neuhaus, Broker/Owner, Neuhaus Realty Group