1801 E 2nd ST # 5, Austin TX 78702

The market data from 5 similar recent sales in T BURNS points to a value of approximately $776,039. To sell within a reasonable timeframe at fair market value, the $887,000 to $929,000 range is where I'd position this. At this price, the property would be the 3rd least expensive of 7 comparable homes on the market comparable homes currently on the market in T BURNS. At 0.00 acres, the lot is smaller than the 0.11 acre comp average, which factors into pricing. The active market in T BURNS includes 7 comparable homes priced from $659,000 to $1,225,000. In 78702, home values have fallen approximately 2.2% over the past 6 months. One of the strongest data points is 310 Pedernales ST, Austin TX 78702, adjusting to $675,269; with a smaller floor plan. 5 comparable transactions in T BURNS 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