1404 W 51st ST # 2, Austin TX 78756

The estimated value of this property is $512,618, based on 7 comparable sales in the surrounding area. In today's market, I'd bring this home to market somewhere between $344,000 and $354,000. With 7 comparable homes on the market in SMITH A, this price positions the property as the 2nd most expensive of 7 comparable homes on the market. Built in 2020, this home is 17 years newer than the average comp, which is reflected in the adjustments. Current inventory shows 7 comparable homes in SMITH A; a buyer's market based on recent absorption. Recent trends in 78756 show home values have fallen 5.5% since 6 months ago. The most comparable recent sale is 1204 W 51st ST # 2, Austin TX 78756, with an adjusted value of $470,557; with a smaller floor plan. With 7 solid comps to draw from, the data tells a consistent story. Of course, without seeing the property in person, this is a data based estimate only. Ed Neuhaus, Neuhaus Realty Group