6115 Felix Ave, Austin TX 78741

Reviewing the most recent comparable transactions, this home's market value falls around $335,628. For a well positioned listing in PITTS, I'd target the $112,000 to $122,000 range. Among the similar homes currently available in PITTS, this price point stands out as competitive. The 1947 construction puts this home 10 years older than the comp average, a factor in the pricing. 7 similar homes are currently available in PITTS, creating a buyer's market for this price range. Recent trends in 78741 show home values have fallen 2.5% since 6 months ago. The most comparable recent sale is 911 Valdez ST, Austin TX 78741, with an adjusted value of $322,142; with a larger floor plan. The 3 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