803 Pressler ST, Austin TX 78703

Based on 7 closed sales in 78703, the data points to a value around $1,033,348 for this home. Given current inventory and recent sales, the sweet spot for listing this home is $557,000 to $567,000. Buyers shopping in 78703 right now would see this as a well positioned option among 7 comparable homes. Lot size matters here: 0.15 acres versus 0.06 for the typical comp. The active market in 78703 includes 7 comparable homes priced from $538,999 to $1,799,000. Market data shows 78703 prices fallen 3% over the last half year. The closest comparable sale, 800 W 5th ST # 902, Austin TX 78703 at an adjusted $773,756, is a strong comparable. The strength of this estimate comes from 7 directly comparable sales in 78703. This is strictly a numbers based opinion. Condition, upgrades, and layout can shift value in ways data cannot capture. Have questions? I'm always available. Ed Neuhaus, Neuhaus Realty Group