706 West Ave # G, Austin TX 78701

My analysis of 7 comparable properties puts this home's estimated value at $958,334. Based on how the local market is moving, a list price between $537,000 and $547,000 would position this home well. This pricing would rank the home as the most expensive of 3 comparable homes on the market in 78701's current inventory. At 19 years older than typical comps, the 1979 build date influences the valuation. The larger lot (0.07 acres versus the area average of 0.04) contributes to the valuation. Current inventory shows 3 comparable homes in 78701; a buyer's market based on recent absorption. The 6 month price trend in 78701: fallen 11.6%. The best comp here is 40 N Interstate 35 EXPY, Austin TX 78701 at an adjusted value of $337,957, a strong comparable. With 7 comparable sales in 78701, this estimate carries a reasonable degree of confidence. This estimate is based entirely on market data. An in person evaluation could refine it further. Ed Neuhaus, Broker/Owner, Neuhaus Realty Group