903 Edgecliff TER, Austin TX 78704

The market data from 7 similar recent sales in TRAVIS HEIGHTS points to a value of approximately $1,939,518. To sell within a reasonable timeframe at fair market value, the $3,314,000 to $3,436,000 range is where I'd position this. Against 7 similar active listings in TRAVIS HEIGHTS, this price point lands at the most affordable of 7 comparable homes on the market. This home's larger footprint (1,303 sqft vs the comp average) plays a role in how the market prices it. The 1923 construction puts this home 31 years older than the comp average, a factor in the pricing. Current inventory shows 7 comparable homes in TRAVIS HEIGHTS; a buyer's market based on recent absorption. In TRAVIS HEIGHTS, home values have fallen approximately 21.6% over the past 6 months. One of the strongest data points is 1115 Gillespie PL, Austin TX 78704, adjusting to $3,436,280; a strong comparable. The 7 comps used here provide a solid foundation for this valuation. Keep in mind, I have not personally inspected this property. The numbers are data driven, not firsthand. Questions about this property or this area? Reach out anytime. Ed Neuhaus, Neuhaus Realty Group