705 Baylor ST, Austin TX 78703

Based on what similar homes have actually sold for in the surrounding area, I'd place this property's value at $634,617. I'd recommend coming to market at $4,154,000 to $4,637,000 to strike the right balance between value and market velocity. At this price, the property would be the most affordable of 7 comparable homes on the market comparable homes currently on the market in RAYMOND. This home's larger footprint (3,366 sqft vs the comp average) plays a role in how the market prices it. Built in 1925, this home is 54 years older than the average comp, which is reflected in the adjustments. Current inventory shows 7 comparable homes in RAYMOND; a buyer's market based on recent absorption. The trend in 78703 shows prices have risen 13.6% in the past 6 months. 807 Blanco ST # 301, Austin TX 78703 nearby adjusts to $425,750; with a smaller floor plan. With 5 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