711 W Monroe ST, Austin TX 78704

The estimated value of this property is $723,587, based on 7 comparable sales within half a mile. In today's market, I'd bring this home to market somewhere between $1,028,000 and $1,082,000. In the current BOULDIN J E ESTATE market with 7 similar homes available, this price represents the most affordable of 7 comparable homes on the market. This home's larger footprint (206 sqft vs the comp average) plays a role in how the market prices it. Built in 1924, this home is 59 years older than the average comp, which is reflected in the adjustments. Current inventory shows 7 comparable homes in BOULDIN J E ESTATE; a buyer's market based on recent absorption. Recent trends in BOULDIN J E ESTATE show home values have fallen 0.7% since 6 months ago. The most comparable recent sale is 900 S 2nd ST # 18, Austin TX 78704, with an adjusted value of $729,976; a strong comparable. Based on 7 relevant data points in BOULDIN J E ESTATE, 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