1803 E 3rd ST, Austin TX 78702

The market data from 7 similar recent sales in CYPHER points to a value of approximately $494,878. To sell within a reasonable timeframe at fair market value, the $485,000 to $505,000 range is where I'd position this. At this price, the property would be the most expensive of 4 comparable homes on the market comparable homes currently on the market in CYPHER. This home's smaller footprint (288 sqft vs the comp average) plays a role in how the market prices it. Buyers in CYPHER have 4 comparable options right now, with asking prices between $299,990 and $595,000. In 78702, home values have risen approximately 0% over the past 6 months. One of the strongest data points is 2404 Santa Rita ST, Austin TX 78702, adjusting to $366,671; a strong comparable. The 7 comps used here provide a solid foundation for this valuation. Keep in mind, I have not personally inspected this property. The numbers are data driven, not firsthand. Questions about this property or this area? Reach out anytime. Ed Neuhaus, Neuhaus Realty Group