907 Columbus ST, Austin TX 78704

Based on what similar homes have actually sold for within half a mile, I'd place this property's value at $1,245,879. I'd recommend coming to market at $1,615,000 to $1,633,000 to strike the right balance between value and market velocity. With 7 comparable homes on the market in CAPITAL HEIGHTS, this price positions the property as the 2nd least expensive of 7 comparable homes on the market. This home's larger footprint (123 sqft vs the comp average) plays a role in how the market prices it. Built in 1898, this home is 106 years older than the average comp, which is reflected in the adjustments. Right now, 7 similar properties are competing for buyers in CAPITAL HEIGHTS, listed between $1,099,999 and $2,550,000. The trend in 78704 shows prices have fallen 3.8% in the past 6 months. 1005 Jewell ST, Austin TX 78704 nearby adjusts to $1,508,681; a strong comparable. Based on 7 relevant data points in CAPITAL HEIGHTS, 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