701 Blanco ST, Austin TX 78703

The estimated value of this property is $622,373, based on 7 comparable sales within a mile. In today's market, I'd bring this home to market somewhere between $433,000 and $443,000. At this price, the property would be the 3rd most expensive of 7 comparable homes on the market comparable homes currently on the market in RAYMOND. Built in 1925, this home is 55 years older than the average comp, which is reflected in the adjustments. The 0.07 acre lot (larger than the 0.03 acre average) is reflected in the estimate. 7 similar homes are currently available in RAYMOND, creating a buyer's market for this price range. Recent trends in 78703 show home values have fallen 9.3% since 6 months ago. The most comparable recent sale is 606 W Lynn ST # 16, Austin TX 78703, with an adjusted value of $485,499; a strong comparable. With 7 solid comps to draw from, the data tells a consistent story. Of course, without seeing the property in person, this is a data based estimate only. Ed Neuhaus, Neuhaus Realty Group