802 Banister LN # 802, Austin TX 78704

The market data from 7 similar recent sales in EIGHT HUNDRED BANISTER PLACE points to a value of approximately $249,557. To sell within a reasonable timeframe at fair market value, the $334,000 to $353,000 range is where I'd position this. In the current EIGHT HUNDRED BANISTER PLACE market with 7 similar homes available, this price represents the most affordable of 7 comparable homes on the market. The 1980 construction puts this home 9 years newer than the comp average, a factor in the pricing. At 0.05 acres, the lot is smaller than the 0.80 acre comp average, which factors into pricing. Right now, 7 similar properties are competing for buyers in EIGHT HUNDRED BANISTER PLACE, listed between $325,000 and $475,000. In 78704, home values have fallen approximately 2.7% over the past 6 months. One of the strongest data points is 830 Banister LN, Austin TX 78704, adjusting to $206,400; a strong comparable. 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