1711 E M Franklin Ave # 2, Austin TX 78721

The market data from 7 similar recent sales in 1709 EM FRANKLIN points to a value of approximately $527,027. To sell within a reasonable timeframe at fair market value, the $585,000 to $586,000 range is where I'd position this. Against 5 similar active listings in 1709 EM FRANKLIN, this price point lands at the 2nd least expensive of 5 comparable homes on the market. The 205 sqft size difference versus comparable sales is reflected in the adjusted values. At 0.17 acres, the lot is larger than the 0.13 acre comp average, which factors into pricing. The active market in 1709 EM FRANKLIN includes 5 comparable homes priced from $485,000 to $629,000. In 78721, home values have fallen approximately 14.1% over the past 6 months. One of the strongest data points is 3600 Pennsylvania Ave # 2, Austin TX 78721, adjusting to $481,176; a strong comparable. 7 comparable transactions in 1709 EM FRANKLIN support the reliability of this estimate. As always, a data based estimate has its limits. Seeing the home in person is the best way to confirm value. Ed Neuhaus, Broker/Owner | Neuhaus Realty Group