606 W 11th ST, Austin TX 78701

My analysis of 7 comparable properties puts this home's estimated value at $2,703,224. Based on how the local market is moving, a list price between $3,518,000 and $3,958,000 would position this home well. This pricing would rank the home as the 4th most expensive of 7 comparable homes on the market in BLOCK ORIGINAL CITY's current inventory. At 579 sqft larger than the typical comp, the size difference factors into the valuation. At 36 years older than typical comps, the 1910 build date influences the valuation. With 7 similar homes currently listed in BLOCK ORIGINAL CITY (a buyer's market), competition is a factor to consider. The 6 month price trend in 78701: fallen 17.5%. The best comp here is 1112 W 10th ST, Austin TX 78703 at an adjusted value of $2,351,773, with a smaller floor plan. With 7 comparable sales in BLOCK ORIGINAL CITY, this estimate carries a reasonable degree of confidence. This estimate is based entirely on market data. An in person evaluation could refine it further. Ed Neuhaus, Broker/Owner, Neuhaus Realty Group