1700 Ulit Ave, Austin TX 78702

My analysis of 6 comparable properties puts this home's estimated value at $607,347. Based on how the local market is moving, a list price between $466,000 and $476,000 would position this home well. Buyers shopping in 78702 right now would see this as a well positioned option among 3 comparable homes. The 115 sqft size difference versus comparable sales is reflected in the adjusted values. The smaller lot (0.10 acres versus the area average of 0.13) contributes to the valuation. There are currently 3 similar homes on the market in 78702, ranging from $450,000 to $625,000. The 6 month price trend in 78702: fallen 2.2%. The best comp here is 2712 E 22nd ST, Austin TX 78722 at an adjusted value of $662,714, a strong comparable. The comp data here (6 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