806 W 31st ST # A, Austin TX 78705

After adjusting 5 comparable sales for differences in size, age, and features, this home's estimated value is $714,242. Pricing this home between $335,000 and $345,000 would put it in the competitive sweet spot for 78705. Relative to what's currently available in 78705, this home would be the most expensive of 7 comparable homes on the market. At 7 years older than typical comps, the 1935 build date influences the valuation. The larger lot (0.20 acres versus the area average of 0.15) contributes to the valuation. Right now, 7 similar properties are competing for buyers in 78705, listed between $329,900 and $568,000. Market data shows 78705 prices fallen 12.3% over the last half year. The closest comparable sale, 4206 Sinclair Ave, Austin TX 78756 at an adjusted $938,524, is a strong comparable. The comp data here (5 sales in 78705) gives us a clear read on this home's value. Important to note: this valuation is based on comparable sales data, not a physical inspection of the property. Curious about your home's value? Get a free estimate here. Ed Neuhaus