901 EDGECLIFF TER, Austin TX 78704

Based on 7 closed sales in TRAVIS HEIGHTS, the data points to a value around $1,849,643 for this home. Given current inventory and recent sales, the sweet spot for listing this home is $2,503,000 to $2,701,000. Buyers shopping in TRAVIS HEIGHTS right now would see this as a well positioned option among 2 comparable homes. This home's larger footprint (3,131 sqft vs the comp average) plays a role in how the market prices it. Being built in 1917 (24 years older than comps) is factored into the value estimate. 2 similar homes are currently available in TRAVIS HEIGHTS, creating a buyer's market for this price range. Market data shows TRAVIS HEIGHTS prices fallen 11.3% over the last half year. The closest comparable sale, 1110 Travis Heights BLVD, Austin TX 78704 at an adjusted $1,160,609, is with a smaller floor plan. The strength of this estimate comes from 7 directly comparable sales in TRAVIS HEIGHTS. This is strictly a numbers based opinion. Condition, upgrades, and layout can shift value in ways data cannot capture. Have questions? I'm always available. Ed Neuhaus, Neuhaus Realty Group