801 Rutherford PL, Austin TX 78704

Reviewing the most recent comparable transactions, this home's market value falls around $703,427. For a well positioned listing in TRAVIS HEIGHTS, I'd target the $310,000 to $320,000 range. Against 7 similar active listings in TRAVIS HEIGHTS, this price point lands at the 3rd least expensive of 7 comparable homes on the market. This home's smaller footprint (200 sqft vs the comp average) plays a role in how the market prices it. The 1928 construction puts this home 29 years older than the comp average, a factor in the pricing. Current inventory shows 7 comparable homes in TRAVIS HEIGHTS; a buyer's market based on recent absorption. Recent trends in TRAVIS HEIGHTS show home values have fallen 5.3% since 6 months ago. The most comparable recent sale is 2003 Kenwood Ave, Austin TX 78704, with an adjusted value of $829,037; with a larger floor plan. 7 comparable transactions in TRAVIS HEIGHTS support the reliability of this estimate. As always, a data based estimate has its limits. Seeing the home in person is the best way to confirm value. Ed Neuhaus, Broker/Owner | Neuhaus Realty Group