620 S 1st ST # 315, Austin TX 78704

This home was listed at $299,999 and was on the market for 39 days before being withdrawn. Based on comparable sales, the market data suggests a value closer to $354,200. Here are some factors that may have played a role: The listing had a price reduction during its time on market, which can sometimes affect buyer perception. Coming to market in January may have put this home in a slower seasonal window for the Austin area. Built in 1968, this home may have faced competition from newer construction in the area priced similarly. The pool is a differentiator here, since 6 of 7 comparable sales didn't include one. The 1968 construction puts this home 18 years newer than the comp average, a factor in the pricing. 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