1706 Holly ST, Austin TX 78702

The estimated value of this property is $626,431, based on 7 comparable sales within a few blocks. In today's market, I'd bring this home to market somewhere between $358,000 and $368,000. In the current POPES market with 7 similar homes available, this price represents the most expensive of 7 comparable homes on the market. The smaller floor plan (677 sqft compared to the average comp) is a meaningful differentiator in this price range. Built in 1945, this home is 11 years older than the average comp, which is reflected in the adjustments. 7 similar homes are currently available in POPES, creating a buyer's market for this price range. Recent trends in 78702 show home values have fallen 2.2% since 6 months ago. The most comparable recent sale is 2308 Canterbury ST, Austin TX 78702, with an adjusted value of $557,551; with a larger floor plan. With 7 solid comps to draw from, the data tells a consistent story. Of course, without seeing the property in person, this is a data based estimate only. Ed Neuhaus, Neuhaus Realty Group