1805 Sanchez ST, Austin TX 78702

Taking into account 7 nearby comparable sales, this property's estimated value comes to $416,914. If we were to list this property today, I'd recommend a list price in the $319,000 to $329,000 range. This would position the home competitively among 7 active listings in 78702. This home's smaller footprint (338 sqft vs the comp average) plays a role in how the market prices it. Lot size matters here: 0.23 acres versus 0.13 for the typical comp. Current inventory shows 7 comparable homes in 78702; a buyer's market based on recent absorption. The 6 month price trend in 78702: fallen 6.5%. The best comp here is 2108 E 12th ST, Austin TX 78702 at an adjusted value of $397,562, a strong comparable. This estimate draws on 7 comparable sales, offering a reliable picture of market value. That said, this is a data only estimate. A walkthrough could change the picture. Want a detailed analysis for a home you're considering? I'm happy to help. Ed Neuhaus