811 Kinney Ave, Austin TX 78704

Based on what similar homes have actually sold for within a mile, I'd place this property's value at $416,020. I'd recommend coming to market at $262,000 to $272,000 to strike the right balance between value and market velocity. Among the similar homes currently available in 78704, this price point stands out as competitive. Built in 1925, this home is 44 years older than the average comp, which is reflected in the adjustments. The 0.15 acre lot (smaller than the 0.65 acre average) is reflected in the estimate. Current inventory shows 7 comparable homes in 78704; a buyer's market based on recent absorption. The trend in 78704 shows prices have fallen 1.7% in the past 6 months. 810 Ethel ST, Austin TX 78704 nearby adjusts to $826,210; a strong comparable. With 7 solid comps to draw from, the data tells a consistent story. Of course, without seeing the property in person, this is a data based estimate only. Ed Neuhaus, Neuhaus Realty Group