823 E 38th ST, Austin TX 78705

Reviewing the most recent comparable transactions, this home's market value falls around $1,566,401. For a well positioned listing in BEAU SITE, I'd target the $2,099,000 to $2,499,000 range. In the current BEAU SITE market with 4 similar homes available, this price represents the most affordable of 4 comparable homes on the market. Being 448 sqft larger than the average comparable sale in this area impacts the per square foot value. The 1998 construction puts this home 40 years newer than the comp average, a factor in the pricing. There are currently 4 similar homes on the market in BEAU SITE, ranging from $2,350,000 to $3,399,000. Recent trends in 78705 show home values have fallen 12% since 6 months ago. The most comparable recent sale is 4601 Avenue C, Austin TX 78751, with an adjusted value of $1,681,091; a strong comparable. 7 comparable transactions in BEAU SITE 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