901 West Ave, Austin TX 78701

Taking into account 7 nearby comparable sales, this property's estimated value comes to $1,427,990. If we were to list this property today, I'd recommend a list price in the $2,168,000 to $2,252,000 range. This would position the home competitively among 7 active listings in 78701. Being built in 1915 (93 years older than comps) is factored into the value estimate. Lot size matters here: 0.13 acres versus 0.03 for the typical comp. The active market in 78701 includes 7 comparable homes priced from $1,595,000 to $2,950,000. The 6 month price trend in 78701: risen 3.4%. The best comp here is 311 W 5th ST # 1005, Austin TX 78701 at an adjusted value of $931,654, a strong comparable. The strength of this estimate comes from 7 directly comparable sales in 78701. 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