1104 E 2nd ST, Austin TX 78702

The comparable sales data (7 recent transactions in SHELLEY N) supports an estimated value of $822,401. The data suggests a list price between $524,000 and $534,000 would attract qualified buyers without leaving money on the table. This would position the home competitively among 7 active listings in SHELLEY N. Being built in 2001 (32 years newer than comps) is factored into the value estimate. Lot size matters here: 0.18 acres versus 0.12 for the typical comp. With 7 similar homes currently listed in SHELLEY N (a buyer's market), competition is a factor to consider. Prices in 78702 have fallen 1.8% over the last 6 months. A similar home at 1621 Garden ST, Austin TX 78702 carries an adjusted comparable value of $741,742, providing a strong data point. The strength of this estimate comes from 7 directly comparable sales in SHELLEY N. 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