806 E 47th ST, Austin TX 78751

After reviewing 5 recent transactions in WORLEY, I estimate this property's value at $657,198. A competitive list price for this home right now would fall in the $388,000 to $398,000 range. This would position the home competitively among 7 active listings in WORLEY. This home's larger footprint (124 sqft vs the comp average) plays a role in how the market prices it. At 8 years newer than typical comps, the 1957 build date influences the valuation. 7 similar homes are currently available in WORLEY, creating a buyer's market for this price range. Prices in 78751 have fallen 12.7% over the last 6 months. A similar home at 905 E 55th 1/2 ST, Austin TX 78751 carries an adjusted comparable value of $661,054, providing a strong data point. With 5 comparable sales in WORLEY, this estimate carries a reasonable degree of confidence. This estimate is based entirely on market data. An in person evaluation could refine it further. Ed Neuhaus, Broker/Owner, Neuhaus Realty Group