521 Academy DR, Austin TX 78704

Based on what similar homes have actually sold for within a mile, I'd place this property's value at $871,852. I'd recommend coming to market at $1,278,000 to $1,326,000 to strike the right balance between value and market velocity. Against 3 similar active listings in WOODLAWN, this price point lands at the most affordable of 3 comparable homes on the market. Built in 1928, this home is 6 years newer than the average comp, which is reflected in the adjustments. With 3 similar homes currently listed in WOODLAWN (a buyer's market), competition is a factor to consider. The trend in 78704 shows prices have fallen 1.4% in the past 6 months. 502 E Mary ST, Austin TX 78704 nearby adjusts to $1,114,732; with a smaller floor plan. Based on 3 relevant data points in WOODLAWN, I'm comfortable with this estimate. Without stepping inside, I can only go by what the data shows. An in person look would tell the full story. Ed Neuhaus, Neuhaus Realty Group | Austin, TX