1207 Coleto ST, Austin TX 78702

After reviewing 4 recent transactions in ORIGINAL CITY, I estimate this property's value at $552,872. A competitive list price for this home right now would fall in the $324,000 to $334,000 range. This home's position in the current ORIGINAL CITY market: the 4th most expensive of 7 comparable homes on the market among comparable properties. At 11 years older than typical comps, the 1920 build date influences the valuation. Current inventory shows 7 comparable homes in ORIGINAL CITY; a buyer's market based on recent absorption. Prices in 78702 have fallen 1.8% over the last 6 months. A similar home at 2712 E 22nd ST, Austin TX 78722 carries an adjusted comparable value of $610,057, providing a strong data point. With 4 comparable sales in ORIGINAL CITY, 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