709 E 47th ST # B, Austin TX 78751

Based on what similar homes have actually sold for within a mile, I'd place this property's value at $350,610. I'd recommend coming to market at $127,000 to $137,000 to strike the right balance between value and market velocity. At this price, the property would be the most expensive of 7 comparable homes on the market comparable homes currently on the market in RIDGETOP ANNEX. At 132 sqft smaller than the typical comp, the size difference factors into the valuation. Built in 2010, this home is 44 years newer than the average comp, which is reflected in the adjustments. 7 similar homes are currently available in RIDGETOP ANNEX, creating a buyer's market for this price range. The trend in RIDGETOP ANNEX shows prices have fallen 34.5% in the past 6 months. 4205 Speedway Ave # 301, Austin TX 78751 nearby adjusts to $226,414; a strong comparable. Based on 7 relevant data points in RIDGETOP ANNEX, 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