603 Davis ST # 2001, Austin TX 78701

This home was listed at $500,000 and was on the market for 4 days before being withdrawn. Based on comparable sales, the market data suggests a value closer to $537,937. Here are some factors that may have played a role: At the time, there appear to have been 1 similar homes available at lower price points, which may have given buyers other options. At $498/sqft, the asking price was 18% above the area median, though there may have been upgrades or features not captured in the data. Built in 2006, this home may have faced competition from newer construction in the area priced similarly. The pool is a differentiator here, since 5 of 6 comparable sales didn't include one. The 6 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