1710 E 16th ST, Austin TX 78702

After adjusting 7 comparable sales for differences in size, age, and features, this home's estimated value is $650,415. Pricing this home between $553,000 and $563,000 would put it in the competitive sweet spot for 78702. Buyers shopping in 78702 right now would see this as a well positioned option among 7 comparable homes. At 8 years older than typical comps, the 1999 build date influences the valuation. Current inventory shows 7 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, 2005 E 21st ST, Austin TX 78722 at an adjusted $645,732, is a strong comparable. With 7 comparable sales in 78702, 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