817 E 31st ST, Austin TX 78705

The market data from 7 similar recent sales in EAST T STREET points to a value of approximately $548,804. To sell within a reasonable timeframe at fair market value, the $538,000 to $560,000 range is where I'd position this. In the current EAST T STREET market with 3 similar homes available, this price represents the most expensive of 3 comparable homes on the market. At 121 sqft smaller than the typical comp, the size difference factors into the valuation. The 1947 construction puts this home 7 years newer than the comp average, a factor in the pricing. Right now, 3 similar properties are competing for buyers in EAST T STREET, listed between $487,500 and $615,000. In 78705, home values have fallen approximately 0.6% over the past 6 months. One of the strongest data points is 810 Keasbey ST, Austin TX 78751, adjusting to $689,910; 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