705 Theresa Ave, Austin TX 78703

My analysis of 7 comparable properties puts this home's estimated value at $752,385. Based on how the local market is moving, a list price between $430,000 and $440,000 would position this home well. Relative to what's currently available in 78703, this home would be the 2nd most expensive of 7 comparable homes on the market. The larger lot (0.19 acres versus the area average of 0.08) contributes to the valuation. Current inventory shows 7 comparable homes in 78703; a buyer's market based on recent absorption. The 6 month price trend in 78703: fallen 9.3%. The best comp here is 1105 Maufrais ST, Austin TX 78703 at an adjusted value of $801,852, a strong comparable. The comp data here (7 sales in 78703) gives us a clear read on this home's value. Important to note: this valuation is based on comparable sales data, not a physical inspection of the property. Curious about your home's value? Get a free estimate here. Ed Neuhaus