1701 Holly, Austin TX 78702

Based on 7 closed sales in 78702, the data points to a value around $556,634 for this home. Given current inventory and recent sales, the sweet spot for listing this home is $301,000 to $311,000. This pricing would rank the home as the 3rd most expensive of 6 comparable homes on the market in 78702's current inventory. The 367 sqft size difference versus comparable sales is reflected in the adjusted values. Being built in 1930 (27 years older than comps) is factored into the value estimate. Current inventory shows 6 comparable homes in 78702; a buyer's market based on recent absorption. Market data shows 78702 prices fallen 2.2% over the last half year. The closest comparable sale, 2308 Canterbury ST, Austin TX 78702 at an adjusted $552,983, is a strong comparable. The strength of this estimate comes from 7 directly comparable sales in 78702. This is strictly a numbers based opinion. Condition, upgrades, and layout can shift value in ways data cannot capture. Have questions? I'm always available. Ed Neuhaus, Neuhaus Realty Group