1215 INKS Ave, Austin TX 78702

Reviewing the most recent comparable transactions, this home's market value falls around $307,596. For a well positioned listing in MAYES, I'd target the $538,000 to $542,000 range. With 7 comparable homes on the market in MAYES, this price positions the property as the most affordable of 7 comparable homes on the market. At 0.00 acres, the lot is smaller than the 0.05 acre comp average, which factors into pricing. Current inventory shows 7 comparable homes in MAYES; a buyer's market based on recent absorption. Recent trends in 78702 show home values have fallen 2.2% since 6 months ago. The most comparable recent sale is 710 Colorado ST # 4G, Austin TX 78701, with an adjusted value of $314,027; a strong comparable. 3 comparable transactions in MAYES 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