Based on 3 closed sales in PARK VIEW, the data points to a value around $1,160,889 for this home. Given current inventory and recent sales, the sweet spot for listing this home is $1,562,000 to $1,622,000. This home's position in the current PARK VIEW market: the most affordable of 7 comparable homes on the market among comparable properties. Being built in 1958 (5 years newer than comps) is factored into the value estimate. 7 similar homes are currently available in PARK VIEW, creating a buyer's market for this price range. Market data shows 78703 prices fallen 9.3% over the last half year. The closest comparable sale, 1712 W 10th ST, Austin TX 78703 at an adjusted $1,448,142, is a strong comparable. This estimate draws on 3 comparable sales, offering a reliable picture of market value. That said, this is a data only estimate. A walkthrough could change the picture. Want a detailed analysis for a home you're considering? I'm happy to help.
Ed Neuhaus