1700 S 2nd ST, Austin TX 78704

My analysis of 7 comparable properties puts this home's estimated value at $700,338. Based on how the local market is moving, a list price between $978,000 and $1,046,000 would position this home well. Relative to what's currently available in 78704, this home would be the most affordable of 7 comparable homes on the market. At 37 years older than typical comps, the 1948 build date influences the valuation. With 7 similar homes currently listed in 78704 (a buyer's market), competition is a factor to consider. The 6 month price trend in 78704: fallen 3.8%. The best comp here is 2209 S 3rd ST, Austin TX 78704 at an adjusted value of $722,296, with a larger floor plan. With 7 comparable sales in 78704, this estimate carries a reasonable degree of confidence. This estimate is based entirely on market data. An in person evaluation could refine it further. Ed Neuhaus, Broker/Owner, Neuhaus Realty Group