620 1 STREET S # 115, Austin TX 78704

Reviewing the most recent comparable transactions, this home's market value falls around $512,992. For a well positioned listing in 78704, I'd target the $273,000 to $283,000 range. Among the similar homes currently available in 78704, this price point stands out as competitive. The 1968 construction puts this home 7 years newer than the comp average, a factor in the pricing. At 0.00 acres, the lot is smaller than the 0.09 acre comp average, which factors into pricing. 4 similar homes are currently available in 78704, creating a buyer's market for this price range. Recent trends in 78704 show home values have fallen 1% since 6 months ago. The most comparable recent sale is 1713 SOUTH 5TH ST, Austin TX 78704, with an adjusted value of $775,215; a strong comparable. 7 comparable transactions in 78704 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