611 E 45th ST # 11, Austin TX 78751

Taking into account 7 nearby comparable sales, this property's estimated value comes to $469,183. If we were to list this property today, I'd recommend a list price in the $262,000 to $272,000 range. This home's position in the current 78751 market: the 4th most expensive of 7 comparable homes on the market among comparable properties. Being built in 1983 (13 years newer than comps) is factored into the value estimate. Lot size matters here: 0.04 acres versus 0.08 for the typical comp. With 7 similar homes currently listed in 78751 (a buyer's market), competition is a factor to consider. The 6 month price trend in 78751: risen 5.8%. The best comp here is 300 Crockett ST # 304, Austin TX 78704 at an adjusted value of $422,324, a strong comparable. The strength of this estimate comes from 7 directly comparable sales in 78751. This is strictly a numbers based opinion. Condition, upgrades, and layout can shift value in ways data cannot capture. Have questions? I'm always available. Ed Neuhaus, Neuhaus Realty Group