605 Theresa Ave, Austin TX 78703

Reviewing the most recent comparable transactions, this home's market value falls around $778,443. For a well positioned listing in 78703, I'd target the $447,000 to $457,000 range. With 7 comparable homes on the market in 78703, this price positions the property as the 2nd most expensive of 7 comparable homes on the market. The 1935 construction puts this home 5 years newer than the comp average, a factor in the pricing. With 7 similar homes currently listed in 78703 (a buyer's market), competition is a factor to consider. Recent trends in 78703 show home values have risen 5.5% since 6 months ago. The most comparable recent sale is 900 W Lynn ST, Austin TX 78703, with an adjusted value of $752,210; a strong comparable. The 3 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