705 Kinney Ave # A, Austin TX 78704

The comparable sales data (7 recent transactions in 78704) supports an estimated value of $680,626. The data suggests a list price between $549,000 and $559,000 would attract qualified buyers without leaving money on the table. Relative to what's currently available in 78704, this home would be the 4th most expensive of 7 comparable homes on the market. Being built in 1947 (37 years older than comps) is factored into the value estimate. Lot size matters here: 0.56 acres versus 1.23 for the typical comp. With 7 similar homes currently listed in 78704 (a buyer's market), competition is a factor to consider. Prices in 78704 have fallen 3.8% over the last 6 months. A similar home at 800 Kinney Ave, Austin TX 78704 carries an adjusted comparable value of $1,282,271, providing a strong data point. The strength of this estimate comes from 7 directly comparable sales in 78704. This is strictly a numbers based opinion. Condition, upgrades, and layout can shift value in ways data cannot capture. Have questions? I'm always available. Ed Neuhaus, Neuhaus Realty Group