78 Julius ST, Austin TX 78702

Looking at what buyers have actually paid for similar homes nearby, this property comes in at approximately $491,291. To generate strong buyer interest while maximizing value, I'd price this between $409,000 and $419,000. At this price, the property would be the 2nd most expensive of 3 comparable homes on the market comparable homes currently on the market in RILEYS. This home's smaller footprint (503 sqft vs the comp average) plays a role in how the market prices it. The 1928 construction puts this home 57 years older than the comp average, a factor in the pricing. 3 similar homes are currently available in RILEYS, creating a buyer's market for this price range. The trend in 78702 shows prices have fallen 8.4% in the past 6 months. 2507 Diaz ST, Austin TX 78702 nearby adjusts to $363,553; with a smaller floor plan. The 7 comps used here provide a solid foundation for this valuation. Keep in mind, I have not personally inspected this property. The numbers are data driven, not firsthand. Questions about this property or this area? Reach out anytime. Ed Neuhaus, Neuhaus Realty Group