1608 E 4th ST, Austin TX 78702

After adjusting 7 comparable sales for differences in size, age, and features, this home's estimated value is $556,069. Pricing this home between $395,000 and $405,000 would put it in the competitive sweet spot for 78702. Relative to what's currently available in 78702, this home would be the 2nd most expensive of 4 comparable homes on the market. At 68 years older than typical comps, the 1925 build date influences the valuation. The larger lot (0.14 acres versus the area average of 0.08) contributes to the valuation. There are currently 4 similar homes on the market in 78702, ranging from $420,000 to $985,000. Market data shows 78702 prices fallen 2.2% over the last half year. The closest comparable sale, 2511 E Cesar Chavez ST, Austin TX 78702 at an adjusted $682,514, is with a smaller floor plan. The comp data here (7 sales in 78702) gives us a clear read on this home's value. Important to note: this valuation is based on comparable sales data, not a physical inspection of the property. Curious about your home's value? Get a free estimate here. Ed Neuhaus