Taking into account 5 nearby comparable sales, this property's estimated value comes to $953,174. If we were to list this property today, I'd recommend a list price in the $722,000 to $732,000 range. Relative to what's currently available in WOODLAWN, this home would be the 4th most expensive of 7 comparable homes on the market. Being built in 1929 (6 years older than comps) is factored into the value estimate. Lot size matters here: 0.30 acres versus 0.23 for the typical comp. There are currently 7 similar homes on the market in WOODLAWN, ranging from $725,000 to $2,500,000. The 6 month price trend in 78704: fallen 3.8%. The best comp here is 1110 Travis Heights BLVD, Austin TX 78704 at an adjusted value of $923,697, a strong comparable. This estimate draws on 5 comparable sales, offering a reliable picture of market value. That said, this is a data only estimate. A walkthrough could change the picture. Want a detailed analysis for a home you're considering? I'm happy to help.
Ed Neuhaus