912 Morrow ST, Austin TX 78757

The market data from 7 similar recent sales in NORTHGATE points to a value of approximately $536,694. To sell within a reasonable timeframe at fair market value, the $254,000 to $264,000 range is where I'd position this. With 7 comparable homes on the market in NORTHGATE, this price positions the property as the most expensive of 7 comparable homes on the market. The 1938 construction puts this home 12 years older than the comp average, a factor in the pricing. At 0.25 acres, the lot is larger than the 0.19 acre comp average, which factors into pricing. 7 similar homes are currently available in NORTHGATE, creating a buyer's market for this price range. In 78757, home values have risen approximately 14% over the past 6 months. One of the strongest data points is 1911 Palo Duro RD, Austin TX 78757, adjusting to $446,575; a strong comparable. 7 comparable transactions in NORTHGATE support the reliability of this estimate. As always, a data based estimate has its limits. Seeing the home in person is the best way to confirm value. Ed Neuhaus, Broker/Owner | Neuhaus Realty Group