1615 S 2nd ST # 7, Austin TX 78704

Based on what similar homes have actually sold for within half a mile, I'd place this property's value at $871,219. I'd recommend coming to market at $1,124,000 to $1,152,000 to strike the right balance between value and market velocity. At this price, the property would be the most affordable of 7 comparable homes on the market comparable homes currently on the market in BOULDIN JAMES. Built in 2018, this home is 14 years newer than the average comp, which is reflected in the adjustments. The 0.38 acre lot (larger than the 0.12 acre average) is reflected in the estimate. With 7 similar homes currently listed in BOULDIN JAMES (a buyer's market), competition is a factor to consider. The trend in 78704 shows prices have fallen 3.8% in the past 6 months. 610 Fletcher ST # A, Austin TX 78704 nearby adjusts to $806,859; a strong comparable. Based on 7 relevant data points in BOULDIN JAMES, I'm comfortable with this estimate. Without stepping inside, I can only go by what the data shows. An in person look would tell the full story. Ed Neuhaus, Neuhaus Realty Group | Austin, TX