1131 Salina ST, Austin TX 78702

Reviewing the most recent comparable transactions, this home's market value falls around $473,566. For a well positioned listing in JONES M, I'd target the $501,000 to $539,000 range. Against 7 similar active listings in JONES M, this price point lands at the 2nd least expensive of 7 comparable homes on the market. The 1941 construction puts this home 7 years older than the comp average, a factor in the pricing. Current inventory shows 7 comparable homes in JONES M; a buyer's market based on recent absorption. Recent trends in 78702 show home values have fallen 6.8% since 6 months ago. The most comparable recent sale is 1134 Leona ST, Austin TX 78702, with an adjusted value of $421,962; with a smaller floor plan. 3 comparable transactions in JONES M support the reliability of this estimate. As always, a data based estimate has its limits. Seeing the home in person is the best way to confirm value. Ed Neuhaus, Broker/Owner | Neuhaus Realty Group