908 Ebony ST, Austin TX 78704

Based on 7 closed sales in ARBOLES ESTATE, the data points to a value around $464,695 for this home. Given current inventory and recent sales, the sweet spot for listing this home is $707,000 to $740,000. This would position the home competitively among 3 active listings in ARBOLES ESTATE. Being built in 1959 (11 years older than comps) is factored into the value estimate. The active market in ARBOLES ESTATE includes 3 comparable homes priced from $720,000 to $999,000. Market data shows 78704 prices fallen 3.8% over the last half year. The closest comparable sale, 1713 SOUTH 5TH ST, Austin TX 78704 at an adjusted $785,317, is a strong comparable. The strength of this estimate comes from 7 directly comparable sales in ARBOLES ESTATE. 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