1402 ULIT Ave, Austin TX 78702

After adjusting 3 comparable sales for differences in size, age, and features, this home's estimated value is $447,342. Pricing this home between $329,000 and $339,000 would put it in the competitive sweet spot for ULIT. Buyers shopping in ULIT right now would see this as a well positioned option among 7 comparable homes. At 9 years older than typical comps, the 1997 build date influences the valuation. The smaller lot (0.00 acres versus the area average of 0.10) contributes to the valuation. With 7 similar homes currently listed in ULIT (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, 2200 E 18th ST, Austin TX 78702 at an adjusted $468,569, is with a smaller floor plan. With 3 comparable sales in ULIT, 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