611 E 49th ST, Austin TX 78751

Looking at what buyers have actually paid for similar homes nearby, this property comes in at approximately $502,281. To generate strong buyer interest while maximizing value, I'd price this between $527,000 and $545,000. At this price, the property would be the 3rd most expensive of 5 comparable homes on the market comparable homes currently on the market in WALLACE J. The 1938 construction puts this home 6 years older than the comp average, a factor in the pricing. At 0.22 acres, the lot is larger than the 0.15 acre comp average, which factors into pricing. There are currently 5 similar homes on the market in WALLACE J, ranging from $470,000 to $690,000. The trend in 78751 shows prices have fallen 11.6% in the past 6 months. 4810 Rowena Ave, Austin TX 78751 nearby adjusts to $683,193; with a larger floor plan. 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