1800 E 4th ST # 218, Austin TX 78702

The market data from 3 similar recent sales in 78702 points to a value of approximately $460,133. To sell within a reasonable timeframe at fair market value, the $600,000 to $747,000 range is where I'd position this. At this price, the property would be the most affordable of 7 comparable homes on the market comparable homes currently on the market in 78702. At 0.00 acres, the lot is smaller than the 0.06 acre comp average, which factors into pricing. With 7 similar homes currently listed in 78702 (a buyer's market), competition is a factor to consider. In 78702, home values have fallen approximately 2.2% over the past 6 months. One of the strongest data points is 2002 E 7th ST # 204, Austin TX 78702, adjusting to $380,531; a strong comparable. 3 comparable transactions in 78702 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