1005 Brass ST # B, Austin TX 78702

After reviewing 3 recent transactions in BURATTI & CHERICO, I estimate this property's value at $722,385. A competitive list price for this home right now would fall in the $594,000 to $604,000 range. This would position the home competitively among 4 active listings in BURATTI & CHERICO. Being 538 sqft smaller than the average comparable sale in this area impacts the per square foot value. At 20 years newer than typical comps, the 2017 build date influences the valuation. Current inventory shows 4 comparable homes in BURATTI & CHERICO; a buyer's market based on recent absorption. Prices in 78702 have fallen 4.5% over the last 6 months. A similar home at 1101 1/2 Brass ST # 1, Austin TX 78702 carries an adjusted comparable value of $727,062, providing a strong data point. With 3 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