810 W 31st ST, Austin TX 78705

Based on 7 closed sales in 78705, the data points to a value around $1,478,755 for this home. Given current inventory and recent sales, the sweet spot for listing this home is $1,240,000 to $1,250,000. Buyers shopping in 78705 right now would see this as a well positioned option among 7 comparable homes. Being 544 sqft larger than the average comparable sale in this area impacts the per square foot value. Being built in 1915 (47 years older than comps) is factored into the value estimate. 7 similar homes are currently available in 78705, creating a buyer's market for this price range. Market data shows 78705 prices fallen 16% over the last half year. The closest comparable sale, 4312 Rosedale Ave, Austin TX 78756 at an adjusted $1,738,452, is with a pool. This estimate draws on 7 comparable sales, offering a reliable picture of market value. That said, this is a data only estimate. A walkthrough could change the picture. Want a detailed analysis for a home you're considering? I'm happy to help. Ed Neuhaus