808 Jessie ST, Austin TX 78704

Reviewing the most recent comparable transactions, this home's market value falls around $1,058,435. For a well positioned listing in OKIE HEIGHTS, I'd target the $746,000 to $756,000 range. In the current OKIE HEIGHTS market with 7 similar homes available, this price represents the most expensive of 7 comparable homes on the market. The smaller floor plan (123 sqft compared to the average comp) is a meaningful differentiator in this price range. At 0.19 acres, the lot is smaller than the 0.22 acre comp average, which factors into pricing. 7 similar homes are currently available in OKIE HEIGHTS, creating a buyer's market for this price range. Recent trends in 78704 show home values have fallen 3.9% since 6 months ago. The most comparable recent sale is 1703 Dywer Ave, Austin TX 78704, with an adjusted value of $909,273; with a larger floor plan. The 3 comps used here provide a solid foundation for this valuation. Keep in mind, I have not personally inspected this property. The numbers are data driven, not firsthand. Questions about this property or this area? Reach out anytime. Ed Neuhaus, Neuhaus Realty Group