The market data from 7 similar recent sales in IDEAL PLACE points to a value of approximately $770,260. To sell within a reasonable timeframe at fair market value, the $377,000 to $387,000 range is where I'd position this. Among the similar homes currently available in IDEAL PLACE, this price point stands out as competitive. There are currently 7 similar homes on the market in IDEAL PLACE, ranging from $324,900 to $1,395,000. In 78751, home values have fallen approximately 12.4% over the past 6 months. One of the strongest data points is 1006 E 44th ST, Austin TX 78751, adjusting to $744,613; a strong comparable. The 7 comps used here provide a solid foundation for this valuation. Keep in mind, I have not personally inspected this property. The numbers are data driven, not firsthand. Questions about this property or this area? Reach out anytime.
Ed Neuhaus, Neuhaus Realty Group