605 Blackson Ave, Austin TX 78752

Based on what similar homes have actually sold for within a mile, I'd place this property's value at $229,711. I'd recommend coming to market at $144,000 to $154,000 to strike the right balance between value and market velocity. With 4 comparable homes on the market in 78752, this price positions the property as the most expensive of 4 comparable homes on the market. At 406 sqft smaller than the typical comp, the size difference factors into the valuation. Built in 1920, this home is 47 years older than the average comp, which is reflected in the adjustments. The active market in 78752 includes 4 comparable homes priced from $160,000 to $335,000. The trend in 78752 shows prices have risen 25.3% in the past 6 months. 7635 Guadalupe ST # 1002, Austin TX 78752 nearby adjusts to $102,000; with a larger floor plan. Based on 7 relevant data points in 78752, 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