701 Pressler ST, Austin TX 78703

Looking at what buyers have actually paid for similar homes nearby, this property comes in at approximately $1,606,030. To generate strong buyer interest while maximizing value, I'd price this between $2,564,000 and $2,618,000. With 7 comparable homes on the market in 78703, this price positions the property as the most affordable of 7 comparable homes on the market. The 356 sqft size difference versus comparable sales is reflected in the adjusted values. The 2000 construction puts this home 6 years older than the comp average, a factor in the pricing. Current inventory shows 7 comparable homes in 78703; a buyer's market based on recent absorption. The trend in 78703 shows prices have risen 6.2% in the past 6 months. 1106 Maufrais ST, Austin TX 78703 nearby adjusts to $1,691,152; with a smaller floor plan. The 3 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