803 James ST, Austin TX 78704

Based on what similar homes have actually sold for within a few blocks, I'd place this property's value at $777,404. I'd recommend coming to market at $856,000 to $1,004,000 to strike the right balance between value and market velocity. With 3 comparable homes on the market in SOUTH HEIGHTS, this price positions the property as the most affordable of 3 comparable homes on the market. Built in 1930, this home is 5 years older than the average comp, which is reflected in the adjustments. Current inventory shows 3 comparable homes in SOUTH HEIGHTS; a buyer's market based on recent absorption. The trend in SOUTH HEIGHTS shows prices have risen 11% in the past 6 months. 914 James ST, Austin TX 78704 nearby adjusts to $830,326; with a larger floor plan. Based on 3 relevant data points in SOUTH HEIGHTS, 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