803 West Ave, Austin TX 78701

The estimated value of this property is $769,944, based on 7 comparable sales within half a mile. In today's market, I'd bring this home to market somewhere between $526,000 and $536,000. In the current BLOCK ORIGINAL CITY market with 7 similar homes available, this price represents the 3rd least expensive of 7 comparable homes on the market. Built in 1930, this home is 70 years older than the average comp, which is reflected in the adjustments. The 0.12 acre lot (larger than the 0.00 acre average) is reflected in the estimate. 7 similar homes are currently available in BLOCK ORIGINAL CITY, creating a buyer's market for this price range. Recent trends in 78701 show home values have fallen 23.9% since 6 months ago. The most comparable recent sale is 210 Lavaca ST # 2704, Austin TX 78701, with an adjusted value of $1,014,510; a strong comparable. With 7 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