1402 S 5th ST, Austin TX 78704

Based on 4 closed sales in CAPITAL HEIGHTS, the data points to a value around $3,254,588 for this home. Given current inventory and recent sales, the sweet spot for listing this home is $2,565,000 to $2,575,000. This home's position in the current CAPITAL HEIGHTS market: the 2nd most expensive of 7 comparable homes on the market among comparable properties. The 315 sqft size difference versus comparable sales is reflected in the adjusted values. A pool adds market appeal. Only 4 minus 1 of the comps had one. 7 similar homes are currently available in CAPITAL HEIGHTS, creating a buyer's market for this price range. Market data shows 78704 prices fallen 3.8% over the last half year. The closest comparable sale, 706 W Johanna ST, Austin TX 78704 at an adjusted $3,320,778, is with a larger floor plan. The strength of this estimate comes from 4 directly comparable sales in CAPITAL HEIGHTS. 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