1615 E 7th ST # 303, Austin TX 78702

My analysis of 7 comparable properties puts this home's estimated value at $483,967. Based on how the local market is moving, a list price between $487,000 and $501,000 would position this home well. Relative to what's currently available in 78702, this home would be the 4th most expensive of 7 comparable homes on the market. The larger lot (0.26 acres versus the area average of 0.03) contributes to the valuation. The active market in 78702 includes 7 comparable homes priced from $399,999 to $639,000. The 6 month price trend in 78702: risen 0.7%. The best comp here is 2002 E 7th ST # 204, Austin TX 78702 at an adjusted value of $418,232, a strong comparable. 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