929 E 55th ST, Austin TX 78751

The market data from 4 similar recent sales in HILL points to a value of approximately $415,769. To sell within a reasonable timeframe at fair market value, the $250,000 to $260,000 range is where I'd position this. With 7 comparable homes on the market in HILL, this price positions the property as the most expensive of 7 comparable homes on the market. At 0.18 acres, the lot is larger than the 0.14 acre comp average, which factors into pricing. With 7 similar homes currently listed in HILL (a buyer's market), competition is a factor to consider. In 78751, home values have risen approximately 5.8% over the past 6 months. One of the strongest data points is 932 E 53 1/2 ST, Austin TX 78751, adjusting to $327,740; with a larger floor plan. 4 comparable transactions in HILL 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