609 W Lynn ST # 1, Austin TX 78703

Reviewing the most recent comparable transactions, this home's market value falls around $2,148,448. For a well positioned listing in 78703, I'd target the $1,571,000 to $1,581,000 range. With 5 comparable homes on the market in 78703, this price positions the property as the 3rd most expensive of 5 comparable homes on the market. Being 328 sqft larger than the average comparable sale in this area impacts the per square foot value. The 2014 construction puts this home 6 years newer than the comp average, a factor in the pricing. With 5 similar homes currently listed in 78703 (a buyer's market), competition is a factor to consider. Recent trends in 78703 show home values have fallen 3% since 6 months ago. The most comparable recent sale is 703 PRESSLER ST, Austin TX 78703, with an adjusted value of $1,706,079; a strong comparable. 4 comparable transactions in 78703 support the reliability of this estimate. As always, a data based estimate has its limits. Seeing the home in person is the best way to confirm value. Ed Neuhaus, Broker/Owner | Neuhaus Realty Group