1615 S 2nd ST # 5, Austin TX 78704

Looking at what buyers have actually paid for similar homes nearby, this property comes in at approximately $878,410. To generate strong buyer interest while maximizing value, I'd price this between $686,000 and $696,000. Among the similar homes currently available in BOULDIN JAMES, this price point stands out as competitive. The 2018 construction puts this home 22 years newer than the comp average, a factor in the pricing. At 0.38 acres, the lot is larger than the 0.12 acre comp average, which factors into pricing. Current inventory shows 7 comparable homes in BOULDIN JAMES; a buyer's market based on recent absorption. The trend in 78704 shows prices have fallen 3.8% in the past 6 months. 900 S 2nd ST # 23, Austin TX 78704 nearby adjusts to $911,761; a strong comparable. 7 comparable transactions in BOULDIN JAMES support the reliability of this estimate. As always, a data based estimate has its limits. Seeing the home in person is the best way to confirm value. Ed Neuhaus, Broker/Owner | Neuhaus Realty Group