926 E 54th ST, Austin TX 78751

Based on what similar homes have actually sold for within half a mile, I'd place this property's value at $486,449. I'd recommend coming to market at $186,000 to $196,000 to strike the right balance between value and market velocity. In the current HILL market with 7 similar homes available, this price represents the 2nd most expensive of 7 comparable homes on the market. Built in 1940, this home is 6 years older than the average comp, which is reflected in the adjustments. The 0.26 acre lot (larger than the 0.15 acre average) is reflected in the estimate. 7 similar homes are currently available in HILL, creating a buyer's market for this price range. The trend in 78751 shows prices have fallen 13.3% in the past 6 months. 5101 Avenue F, Austin TX 78751 nearby adjusts to $596,071; a strong comparable. With 3 solid comps to draw from, the data tells a consistent story. Of course, without seeing the property in person, this is a data based estimate only. Ed Neuhaus, Neuhaus Realty Group