1106 Myrtle, Austin TX 78702

The market data from 3 similar recent sales in 78702 points to a value of approximately $1,134,671. To sell within a reasonable timeframe at fair market value, the $1,536,000 to $1,802,000 range is where I'd position this. Against 7 similar active listings in 78702, this price point lands at the 2nd least expensive of 7 comparable homes on the market. The 305 sqft size difference versus comparable sales is reflected in the adjusted values. Current inventory shows 7 comparable homes in 78702; a buyer's market based on recent absorption. In 78702, home values have fallen approximately 2.2% over the past 6 months. One of the strongest data points is 1904 Sl Davis Ave # 1, Austin TX 78702, adjusting to $1,032,667; a strong comparable. The 3 comps used here provide a solid foundation for this valuation. Keep in mind, I have not personally inspected this property. The numbers are data driven, not firsthand. Questions about this property or this area? Reach out anytime. Ed Neuhaus, Neuhaus Realty Group