1711 E 16th # B, Austin TX 78702

The comparable sales data (3 recent transactions in 78702) supports an estimated value of $505,165. The data suggests a list price between $599,000 and $601,000 would attract qualified buyers without leaving money on the table. This home's position in the current 78702 market: the 2nd least expensive of 4 comparable homes on the market among comparable properties. Lot size matters here: 0.00 acres versus 0.10 for the typical comp. There are currently 4 similar homes on the market in 78702, ranging from $470,000 to $639,000. Prices in 78702 have fallen 2.2% over the last 6 months. A similar home at 2111 Poquito ST, Austin TX 78722 carries an adjusted comparable value of $599,370, providing a strong data point. The strength of this estimate comes from 3 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