900 Ethel ST, Austin TX 78704

Based on what similar homes have actually sold for within a mile, I'd place this property's value at $1,215,515. I'd recommend coming to market at $900,000 to $910,000 to strike the right balance between value and market velocity. With 7 comparable homes on the market in 78704, this price positions the property as the 3rd least expensive of 7 comparable homes on the market. Being 140 sqft larger than the average comparable sale in this area impacts the per square foot value. 7 similar homes are currently available in 78704, creating a buyer's market for this price range. The trend in 78704 shows prices have fallen 2.8% in the past 6 months. 2012 Ford ST, Austin TX 78704 nearby adjusts to $1,327,315; with a smaller floor plan and a pool. With 3 solid comps to draw from, the data tells a consistent story. Of course, without seeing the property in person, this is a data based estimate only. Ed Neuhaus, Neuhaus Realty Group