1715 E 7th ST, Austin TX 78702

My analysis of 3 comparable properties puts this home's estimated value at $557,488. Based on how the local market is moving, a list price between $387,000 and $397,000 would position this home well. Buyers shopping in MORSE & SMITH right now would see this as a well positioned option among 7 comparable homes. The 116 sqft size difference versus comparable sales is reflected in the adjusted values. At 8 years older than typical comps, the 1940 build date influences the valuation. 7 similar homes are currently available in MORSE & SMITH, creating a buyer's market for this price range. The 6 month price trend in 78702: fallen 2.2%. The best comp here is 2009 Haskell ST, Austin TX 78702 at an adjusted value of $757,210, a strong comparable. With 3 comparable sales in MORSE & SMITH, 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