816 James ST, Austin TX 78704

Reviewing the most recent comparable transactions, this home's market value falls around $726,305. For a well positioned listing in SOUTH HEIGHTS, I'd target the $252,000 to $262,000 range. With 7 comparable homes on the market in SOUTH HEIGHTS, this price positions the property as the 2nd most expensive of 7 comparable homes on the market. The smaller floor plan (164 sqft compared to the average comp) is a meaningful differentiator in this price range. The 1930 construction puts this home 6 years older than the comp average, a factor in the pricing. The active market in SOUTH HEIGHTS includes 7 comparable homes priced from $249,800 to $999,000. Recent trends in SOUTH HEIGHTS show home values have risen 11% since 6 months ago. The most comparable recent sale is 1713 SOUTH 5TH ST, Austin TX 78704, with an adjusted value of $726,907; a strong comparable. 3 comparable transactions in SOUTH HEIGHTS 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