807 E 47th ST # B, Austin TX 78751

Based on 5 closed sales in 78751, the data points to a value around $741,724 for this home. Given current inventory and recent sales, the sweet spot for listing this home is $585,000 to $595,000. This would position the home competitively among 7 active listings in 78751. The smaller floor plan (177 sqft compared to the average comp) is a meaningful differentiator in this price range. Lot size matters here: 0.17 acres versus 0.11 for the typical comp. There are currently 7 similar homes on the market in 78751, ranging from $595,000 to $1,185,000. Market data shows 78751 prices risen 5.8% over the last half year. The closest comparable sale, 4518 Avenue D, Austin TX 78751 at an adjusted $860,323, is a strong comparable. The strength of this estimate comes from 5 directly comparable sales in 78751. This is strictly a numbers based opinion. Condition, upgrades, and layout can shift value in ways data cannot capture. Have questions? I'm always available. Ed Neuhaus, Neuhaus Realty Group