903 WALTER ST, Austin TX 78702

Based on 7 closed sales in 78702, the data points to a value around $531,946 for this home. Given current inventory and recent sales, the sweet spot for listing this home is $331,000 to $341,000. Relative to what's currently available in 78702, this home would be the 2nd most expensive of 7 comparable homes on the market. The 240 sqft size difference versus comparable sales is reflected in the adjusted values. Being built in 1976 (30 years older than comps) is factored into the value estimate. Current inventory shows 7 comparable homes in 78702; a buyer's market based on recent absorption. Market data shows 78702 prices fallen 0.4% over the last half year. The closest comparable sale, 1181 Ridgeway DR, Austin TX 78702 at an adjusted $547,018, is a strong comparable. The strength of this estimate comes from 7 directly comparable sales in 78702. 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