804 W Annie ST # 1, Austin TX 78704

Based on what similar homes have actually sold for within a few blocks, I'd place this property's value at $1,450,597. I'd recommend coming to market at $1,736,000 to $1,919,000 to strike the right balance between value and market velocity. With 7 comparable homes on the market in BOULDIN JAMES, this price positions the property as the 3rd least expensive of 7 comparable homes on the market. This home's larger footprint (336 sqft vs the comp average) plays a role in how the market prices it. Built in 1924, this home is 56 years older than the average comp, which is reflected in the adjustments. Current inventory shows 7 comparable homes in BOULDIN JAMES; a buyer's market based on recent absorption. The trend in 78704 shows prices have fallen 5.7% in the past 6 months. 808 W Elizabeth ST, Austin TX 78704 nearby adjusts to $1,047,550; with a smaller floor plan. 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