708 S 1st ST, Austin TX 78704

Based on what similar homes have actually sold for within a few blocks, I'd place this property's value at $638,317. I'd recommend coming to market at $2,319,000 to $2,527,000 to strike the right balance between value and market velocity. With 7 comparable homes on the market in 78704, this price positions the property as the most affordable of 7 comparable homes on the market. The larger floor plan (2,504 sqft compared to the average comp) is a meaningful differentiator in this price range. The 0.21 acre lot (larger than the 0.13 acre average) is reflected in the estimate. Based on 7 relevant data points in 78704, I'm comfortable with this estimate. Without stepping inside, I can only go by what the data shows. An in person look would tell the full story. Ed Neuhaus, Neuhaus Realty Group | Austin, TX