609 E 50th ST, Austin TX 78751

Looking at what buyers have actually paid for similar homes nearby, this property comes in at approximately $767,537. To generate strong buyer interest while maximizing value, I'd price this between $659,000 and $669,000. With 7 comparable homes on the market in WALLACE J, this price positions the property as the most expensive of 7 comparable homes on the market. At 0.26 acres, the lot is larger than the 0.17 acre comp average, which factors into pricing. Current inventory shows 7 comparable homes in WALLACE J; a buyer's market based on recent absorption. The trend in 78751 shows prices have fallen 12.2% in the past 6 months. 5205 Martin Ave, Austin TX 78751 nearby adjusts to $755,797; a strong comparable. The 7 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