1615 S 2nd ST # 6, Austin TX 78704

Reviewing the most recent comparable transactions, this home's market value falls around $871,161. For a well positioned listing in BOULDIN JAMES, I'd target the $1,124,000 to $1,152,000 range. With 7 comparable homes on the market in BOULDIN JAMES, this price positions the property as the most affordable of 7 comparable homes on the market. The 2018 construction puts this home 14 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. With 7 similar homes currently listed in BOULDIN JAMES (a buyer's market), competition is a factor to consider. Recent trends in 78704 show home values have fallen 3.8% since 6 months ago. The most comparable recent sale is 610 Fletcher ST # A, Austin TX 78704, with an adjusted value of $806,874; 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