929 E 53 1/2 ST # 1, Austin TX 78751

My analysis of 3 comparable properties puts this home's estimated value at $1,429,972. Based on how the local market is moving, a list price between $1,006,000 and $1,016,000 would position this home well. This home's position in the current HILL market: the 0th most expensive of 7 comparable homes on the market among comparable properties. At 194 sqft smaller than the typical comp, the size difference factors into the valuation. The larger lot (0.24 acres versus the area average of 0.18) contributes to the valuation. Right now, 7 similar properties are competing for buyers in HILL, listed between $900,000 and $1,424,000. The 6 month price trend in 78751: risen 2.2%. The best comp here is 5008 Avenue H Ave, Austin TX 78751 at an adjusted value of $1,705,794, a strong comparable. With 3 comparable sales in HILL, this estimate carries a reasonable degree of confidence. This estimate is based entirely on market data. An in person evaluation could refine it further. Ed Neuhaus, Broker/Owner, Neuhaus Realty Group