603 S 3rd ST, Austin TX 78704

Based on what similar homes have actually sold for within a mile, I'd place this property's value at $1,514,016. I'd recommend coming to market at $1,678,000 to $1,778,000 to strike the right balance between value and market velocity. At this price, the property would be the 2nd most expensive of 4 comparable homes on the market comparable homes currently on the market in CONVENIENT COURTS. Built in 2009, this home is 5 years older than the average comp, which is reflected in the adjustments. The 0.20 acre lot (larger than the 0.14 acre average) is reflected in the estimate. With 4 similar homes currently listed in CONVENIENT COURTS (a buyer's market), competition is a factor to consider. The trend in 78704 shows prices have fallen 3.8% in the past 6 months. 815 W Gibson ST, Austin TX 78704 nearby adjusts to $1,190,894; a strong comparable. Based on 7 relevant data points in CONVENIENT COURTS, 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