6806 Canal ST # 1, Austin TX 78741

Based on what similar homes have actually sold for within a mile, I'd place this property's value at $445,770. I'd recommend coming to market at $346,000 to $356,000 to strike the right balance between value and market velocity. At this price, the property would be the most expensive of 3 comparable homes on the market comparable homes currently on the market in 78741. The smaller floor plan (126 sqft compared to the average comp) is a meaningful differentiator in this price range. Current inventory shows 3 comparable homes in 78741; a buyer's market based on recent absorption. The trend in 78741 shows prices have risen 5.2% in the past 6 months. 2101 Rivers Edge WAY # 9, Austin TX 78741 nearby adjusts to $389,540; a strong comparable. Based on 5 relevant data points in 78741, I'm comfortable with this estimate. Without stepping inside, I can only go by what the data shows. An in person look would tell the full story. Ed Neuhaus, Neuhaus Realty Group | Austin, TX