900 S 1st ST # 413, Austin TX 78704

Based on 7 closed sales in FRANK, the data points to a value around $794,747 for this home. Given current inventory and recent sales, the sweet spot for listing this home is $416,000 to $426,000. Buyers shopping in FRANK right now would see this as a well positioned option among 6 comparable homes. Being built in 2020 (23 years newer than comps) is factored into the value estimate. Lot size matters here: 0.02 acres versus 0.14 for the typical comp. There are currently 6 similar homes on the market in FRANK, ranging from $399,000 to $900,000. Market data shows 78704 prices fallen 6.3% over the last half year. The closest comparable sale, 1600 S 1st ST # 219, Austin TX 78704 at an adjusted $645,650, is a strong comparable. This estimate draws on 7 comparable sales, offering a reliable picture of market value. That said, this is a data only estimate. A walkthrough could change the picture. Want a detailed analysis for a home you're considering? I'm happy to help. Ed Neuhaus