901 Spence ST, Austin TX 78702

After adjusting 7 comparable sales for differences in size, age, and features, this home's estimated value is $759,755. Pricing this home between $745,000 and $775,000 would put it in the competitive sweet spot for SPENCE. This pricing would rank the home as the 2nd least expensive of 7 comparable homes on the market in SPENCE's current inventory. The larger floor plan (893 sqft compared to the average comp) is a meaningful differentiator in this price range. At 98 years older than typical comps, the 1920 build date influences the valuation. There are currently 7 similar homes on the market in SPENCE, ranging from $665,000 to $1,498,000. Market data shows 78702 prices risen 1.9% over the last half year. The closest comparable sale, 2007 Riverview ST # 1, Austin TX 78702 at an adjusted $929,635, is with a smaller floor plan. With 7 comparable sales in SPENCE, this estimate carries a reasonable degree of confidence. This estimate is based entirely on market data. An in person evaluation could refine it further. Ed Neuhaus, Broker/Owner, Neuhaus Realty Group