8106 S 1st ST, Austin TX 78748

Reviewing the most recent comparable transactions, this home's market value falls around $316,290. For a well positioned listing in POOL O, I'd target the $233,000 to $243,000 range. With 7 comparable homes on the market in POOL O, this price positions the property as the 3rd least expensive of 7 comparable homes on the market. The 1969 construction puts this home 7 years older than the comp average, a factor in the pricing. At 0.30 acres, the lot is larger than the 0.16 acre comp average, which factors into pricing. Current inventory shows 7 comparable homes in POOL O; a balanced market based on recent absorption. Recent trends in 78748 show home values have fallen 1.4% since 6 months ago. The most comparable recent sale is 915 Bodark LN, Austin TX 78745, with an adjusted value of $402,722; a strong comparable. 6 comparable transactions in POOL O 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