709 W Monroe ST, Austin TX 78704

Based on 7 closed sales in BOULDIN J E ESTATE, the data points to a value around $752,997 for this home. Given current inventory and recent sales, the sweet spot for listing this home is $738,000 to $768,000. Relative to what's currently available in BOULDIN J E ESTATE, this home would be the 2nd most expensive of 4 comparable homes on the market. The smaller floor plan (335 sqft compared to the average comp) is a meaningful differentiator in this price range. Being built in 1948 (15 years older than comps) is factored into the value estimate. With 4 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 0.7% over the last half year. The closest comparable sale, 206 W Milton ST # B, Austin TX 78704 at an adjusted $843,276, is a strong comparable. The strength of this estimate comes from 7 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