1309 E 4th ST, Austin TX 78702

Based on 3 closed sales in GARY & PECK, the data points to a value around $542,336 for this home. Given current inventory and recent sales, the sweet spot for listing this home is $382,000 to $392,000. Buyers shopping in GARY & PECK right now would see this as a well positioned option among 7 comparable homes. This home's larger footprint (125 sqft vs the comp average) plays a role in how the market prices it. Being built in 1960 (9 years newer than comps) is factored into the value estimate. With 7 similar homes currently listed in GARY & PECK (a buyer's market), competition is a factor to consider. Market data shows 78702 prices fallen 2.2% over the last half year. The closest comparable sale, 2911 Prado ST, Austin TX 78702 at an adjusted $406,282, is a strong comparable. The strength of this estimate comes from 3 directly comparable sales in GARY & PECK. This is strictly a numbers based opinion. Condition, upgrades, and layout can shift value in ways data cannot capture. Have questions? I'm always available. Ed Neuhaus, Neuhaus Realty Group