815 E 31st ST # C, Austin TX 78705

Looking at what buyers have actually paid for similar homes nearby, this property comes in at approximately $307,813. To generate strong buyer interest while maximizing value, I'd price this between $208,000 and $218,000. At this price, the property would be the most expensive of 7 comparable homes on the market comparable homes currently on the market in STANHOPE PLACE. The 1942 construction puts this home 21 years older than the comp average, a factor in the pricing. At 0.15 acres, the lot is larger than the 0.07 acre comp average, which factors into pricing. Right now, 7 similar properties are competing for buyers in STANHOPE PLACE, listed between $199,900 and $269,000. The trend in 78705 shows prices have fallen 11.1% in the past 6 months. 3110 Red River ST # 212, Austin TX 78705 nearby adjusts to $215,531; a strong comparable. The 7 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