1004 Brass ST # A, Austin TX 78702

After reviewing 4 recent transactions in BURATTI & CHERICO, I estimate this property's value at $579,902. A competitive list price for this home right now would fall in the $563,000 to $597,000 range. This home's position in the current BURATTI & CHERICO market: the 2nd most expensive of 4 comparable homes on the market among comparable properties. The larger floor plan (171 sqft compared to the average comp) is a meaningful differentiator in this price range. The larger lot (0.17 acres versus the area average of 0.12) contributes to the valuation. 4 similar homes are currently available in BURATTI & CHERICO, creating a buyer's market for this price range. Prices in 78702 have fallen 9.4% over the last 6 months. A similar home at 1102 Tillery ST # 1, Austin TX 78702 carries an adjusted comparable value of $651,594, providing a strong data point. With 4 comparable sales in BURATTI & CHERICO, 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