1615 S 2nd ST # 1, Austin TX 78704

Looking at what buyers have actually paid for similar homes nearby, this property comes in at approximately $987,797. To generate strong buyer interest while maximizing value, I'd price this between $713,000 and $723,000. With 7 comparable homes on the market in BOULDIN JAMES, this price positions the property as the 4th most expensive of 7 comparable homes on the market. This home's larger footprint (104 sqft vs the comp average) plays a role in how the market prices it. At 0.38 acres, the lot is larger than the 0.11 acre comp average, which factors into pricing. Right now, 7 similar properties are competing for buyers in BOULDIN JAMES, listed between $682,500 and $1,300,000. The trend in 78704 shows prices have fallen 1.8% in the past 6 months. 900 S 2nd ST # 23, Austin TX 78704 nearby adjusts to $914,285; a strong comparable. The 7 comps used here provide a solid foundation for this valuation. Keep in mind, I have not personally inspected this property. The numbers are data driven, not firsthand. Questions about this property or this area? Reach out anytime. Ed Neuhaus, Neuhaus Realty Group