709 W Monroe ST, Austin TX 78704

Based on 5 closed sales in BOULDIN J E ESTATE, the data points to a value around $747,492 for this home. Given current inventory and recent sales, the sweet spot for listing this home is $314,000 to $324,000. Relative to what's currently available in BOULDIN J E ESTATE, this home would be the most expensive of 7 comparable homes on the market. Being built in 1948 (7 years newer than comps) is factored into the value estimate. With 7 similar homes currently listed in BOULDIN J E ESTATE (a buyer's market), competition is a factor to consider. Market data shows 78704 prices fallen 2.7% over the last half year. The closest comparable sale, 1717 S 5th ST, Austin TX 78704 at an adjusted $847,885, is a strong comparable. The strength of this estimate comes from 5 directly comparable sales in BOULDIN J E ESTATE. This is strictly a numbers based opinion. Condition, upgrades, and layout can shift value in ways data cannot capture. Have questions? I'm always available. Ed Neuhaus, Neuhaus Realty Group