620 1 STREET S # 316, Austin TX 78704

After reviewing 7 recent transactions in 78704, I estimate this property's value at $659,205. A competitive list price for this home right now would fall in the $295,000 to $305,000 range. Relative to what's currently available in 78704, this home would be the 0th most expensive of 5 comparable homes on the market. At 23 years newer than typical comps, the 1968 build date influences the valuation. The smaller lot (0.00 acres versus the area average of 0.13) contributes to the valuation. Right now, 5 similar properties are competing for buyers in 78704, listed between $299,900 and $665,000. Prices in 78704 have fallen 3.1% over the last 6 months. A similar home at 912 James ST, Austin TX 78704 carries an adjusted comparable value of $753,597, providing a strong data point. With 7 comparable sales in 78704, this estimate carries a reasonable degree of confidence. This estimate is based entirely on market data. An in person evaluation could refine it further. Ed Neuhaus, Broker/Owner, Neuhaus Realty Group