931 E 56th 1/2 ST, Austin TX 78751

Based on 7 closed sales in HILL, the data points to a value around $365,668 for this home. Given current inventory and recent sales, the sweet spot for listing this home is $147,000 to $157,000. Buyers shopping in HILL right now would see this as a well positioned option among 7 comparable homes. At 333 sqft smaller than the typical comp, the size difference factors into the valuation. 7 similar homes are currently available in HILL, creating a buyer's market for this price range. Market data shows 78751 prices fallen 4.1% over the last half year. The closest comparable sale, 932 E 53 1/2 ST, Austin TX 78751 at an adjusted $297,135, is with a larger floor plan. The strength of this estimate comes from 7 directly comparable sales in HILL. 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