901 W 9th ST # 306, Austin TX 78703

The estimated value of this property is $1,948,480, based on 3 comparable sales within half a mile. In today's market, I'd bring this home to market somewhere between $1,450,000 and $1,460,000. At this price, the property would be the 3rd most expensive of 5 comparable homes on the market comparable homes currently on the market in 78703. The larger floor plan (206 sqft compared to the average comp) is a meaningful differentiator in this price range. Built in 2001, this home is 9 years older than the average comp, which is reflected in the adjustments. With 5 similar homes currently listed in 78703 (a buyer's market), competition is a factor to consider. Recent trends in 78703 show home values have fallen 2% since 6 months ago. The most comparable recent sale is 800 W 5th ST # 808, Austin TX 78703, with an adjusted value of $1,436,787; a strong comparable. Based on 3 relevant data points in 78703, I'm comfortable with this estimate. Without stepping inside, I can only go by what the data shows. An in person look would tell the full story. Ed Neuhaus, Neuhaus Realty Group | Austin, TX