1801 E 2nd ST # 8, Austin TX 78702

Based on what similar homes have actually sold for within a mile, I'd place this property's value at $806,891. I'd recommend coming to market at $547,000 to $557,000 to strike the right balance between value and market velocity. Against 7 similar active listings in T BURNS, this price point lands at the 4th most expensive of 7 comparable homes on the market. The 0.00 acre lot (smaller than the 0.11 acre average) is reflected in the estimate. 7 similar homes are currently available in T BURNS, creating a buyer's market for this price range. The trend in 78702 shows prices have fallen 7% in the past 6 months. 310 Pedernales ST, Austin TX 78702 nearby adjusts to $672,700; a strong comparable. With 4 solid comps to draw from, the data tells a consistent story. Of course, without seeing the property in person, this is a data based estimate only. Ed Neuhaus, Neuhaus Realty Group