906 Capitol CT # A, Austin TX 78756

Based on 7 closed sales in LADD N, the data points to a value around $292,782 for this home. Given current inventory and recent sales, the sweet spot for listing this home is $173,000 to $183,000. This pricing would rank the home as the most expensive of 7 comparable homes on the market in LADD N's current inventory. The smaller floor plan (164 sqft compared to the average comp) is a meaningful differentiator in this price range. Being built in 1948 (23 years older than comps) is factored into the value estimate. With 7 similar homes currently listed in LADD N (a balanced market), competition is a factor to consider. Market data shows 78756 prices fallen 20.5% over the last half year. The closest comparable sale, 2502 Leon ST # 213, Austin TX 78705 at an adjusted $207,419, is a strong comparable. The strength of this estimate comes from 7 directly comparable sales in LADD N. 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