801 W Mary ST # B, Austin TX 78704

The estimated value of this property is $884,763, based on 4 comparable sales within a few blocks. In today's market, I'd bring this home to market somewhere between $1,101,000 and $1,114,000. In the current 78704 market with 7 similar homes available, this price represents the most affordable of 7 comparable homes on the market. At 126 sqft smaller than the typical comp, the size difference factors into the valuation. Built in 2008, this home is 5 years older than the average comp, which is reflected in the adjustments. Current inventory shows 7 comparable homes in 78704; a buyer's market based on recent absorption. Recent trends in 78704 show home values have fallen 4% since 6 months ago. The most comparable recent sale is 900 S 1st ST # 212, Austin TX 78704, with an adjusted value of $691,496; a strong comparable. With 4 solid comps to draw from, the data tells a consistent story. Of course, without seeing the property in person, this is a data based estimate only. Ed Neuhaus, Neuhaus Realty Group