709 E 50TH ST # A, Austin TX 78751

The market data from 7 similar recent sales in WALLACE J points to a value of approximately $887,904. To sell within a reasonable timeframe at fair market value, the $694,000 to $704,000 range is where I'd position this. At this price, the property would be the most expensive of 7 comparable homes on the market comparable homes currently on the market in WALLACE J. The 2009 construction puts this home 44 years newer than the comp average, a factor in the pricing. At 0.22 acres, the lot is larger than the 0.15 acre comp average, which factors into pricing. With 7 similar homes currently listed in WALLACE J (a buyer's market), competition is a factor to consider. In 78751, home values have risen approximately 5.8% over the past 6 months. One of the strongest data points is 901 E 55th ST, Austin TX 78751, adjusting to $726,537; a strong comparable. 7 comparable transactions in WALLACE J support the reliability of this estimate. As always, a data based estimate has its limits. Seeing the home in person is the best way to confirm value. Ed Neuhaus, Broker/Owner | Neuhaus Realty Group