1702 Sanchez, Austin TX 78702

Based on what similar homes have actually sold for within a mile, I'd place this property's value at $449,069. I'd recommend coming to market at $311,000 to $321,000 to strike the right balance between value and market velocity. In the current 78702 market with 7 similar homes available, this price represents the 3rd most expensive of 7 comparable homes on the market. Built in 1956, this home is 14 years newer than the average comp, which is reflected in the adjustments. With 7 similar homes currently listed in 78702 (a buyer's market), competition is a factor to consider. The trend in 78702 shows prices have fallen 2.2% in the past 6 months. 1909 E 14th ST, Austin TX 78702 nearby adjusts to $661,432; a strong comparable. Based on 7 relevant data points in 78702, 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