610 W Elizabeth ST, Austin TX 78704

Reviewing the most recent comparable transactions, this home's market value falls around $1,270,278. For a well positioned listing in SOUTH HEIGHTS, I'd target the $1,245,000 to $1,296,000 range. In the current SOUTH HEIGHTS market with 7 similar homes available, this price represents the 2nd least expensive of 7 comparable homes on the market. At 431 sqft larger than the typical comp, the size difference factors into the valuation. The 1925 construction puts this home 10 years older than the comp average, a factor in the pricing. 7 similar homes are currently available in SOUTH HEIGHTS, creating a buyer's market for this price range. Recent trends in SOUTH HEIGHTS show home values have risen 4.1% since 6 months ago. The most comparable recent sale is 808 W Elizabeth ST, Austin TX 78704, with an adjusted value of $1,091,887; with a smaller floor plan. 3 comparable transactions in SOUTH HEIGHTS 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