806 Jewell ST, Austin TX 78704

The market data from 7 similar recent sales in JEWELL points to a value of approximately $821,805. To sell within a reasonable timeframe at fair market value, the $466,000 to $476,000 range is where I'd position this. In the current JEWELL market with 7 similar homes available, this price represents the 3rd most expensive of 7 comparable homes on the market. The smaller floor plan (133 sqft compared to the average comp) is a meaningful differentiator in this price range. The 2001 construction puts this home 8 years newer than the comp average, a factor in the pricing. With 7 similar homes currently listed in JEWELL (a buyer's market), competition is a factor to consider. In 78704, home values have fallen approximately 1.1% over the past 6 months. One of the strongest data points is 1404 S 3rd ST, Austin TX 78704, adjusting to $1,003,961; a strong comparable. 7 comparable transactions in JEWELL support the reliability of this estimate. As always, a data based estimate has its limits. Seeing the home in person is the best way to confirm value. Ed Neuhaus, Broker/Owner | Neuhaus Realty Group