Ed's Opinion of Value

$661,266 Ed's Estimate: $853,905 $1,350,000
Lowest Comp Recommended List: $904,000 to $1,056,000 Highest Comp
Looking at what buyers have actually paid for similar homes nearby, this property comes in at approximately $853,905. To generate strong buyer interest while maximizing value, I'd price this between $904,000 and $1,056,000. With 7 comparable homes on the market in 78704, this price positions the property as the 3rd least expensive of 7 comparable homes on the market. At 0.00 acres, the lot is smaller than the 0.12 acre comp average, which factors into pricing. The active market in 78704 includes 7 comparable homes priced from $799,500 to $1,375,000. The trend in 78704 shows prices have fallen 4.7% in the past 6 months. 704 W Live Oak ST, Austin TX 78704 nearby adjusts to $1,149,630; a strong comparable. The 7 comps used here provide a solid foundation for this valuation. Keep in mind, I have not personally inspected this property. The numbers are data driven, not firsthand. Questions about this property or this area? Reach out anytime. Ed Neuhaus, Neuhaus Realty Group
3 Beds
3 Baths
2,308 Sq Ft

Location

Property Details

Property Type Residential
County Travis
MLS # 9632966

Listing History

MLS# 9632966 280 days
Jan 4, 2017 Off Market
Jan 29, 2016 Listed $750,000

Frequently Asked Questions About 707 Cardinal LN # N1, Austin TX 78704

How much does 707 Cardinal LN # N1, Austin TX 78704 cost?

707 Cardinal LN # N1, Austin TX 78704 sold on January 4, 2017. Contact us for sale price details.

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