1139 1/2 Poquito ST # 2, Austin TX 78702

The estimated value of this property is $385,050, based on 7 comparable sales within half a mile. In today's market, I'd bring this home to market somewhere between $155,000 and $165,000. In the current 78702 market with 5 similar homes available, this price represents the most expensive of 5 comparable homes on the market. The smaller floor plan (549 sqft compared to the average comp) is a meaningful differentiator in this price range. Built in 1950, this home is 10 years newer than the average comp, which is reflected in the adjustments. The active market in 78702 includes 5 comparable homes priced from $180,000 to $305,000. Recent trends in 78702 show home values have fallen 2.6% since 6 months ago. The most comparable recent sale is 1187 Coleto ST, Austin TX 78702, with an adjusted value of $374,945; a strong comparable. Based on 7 relevant data points in 78702, I'm comfortable with this estimate. Without stepping inside, I can only go by what the data shows. An in person look would tell the full story. Ed Neuhaus, Neuhaus Realty Group | Austin, TX