1813 Ulit Ave, Austin TX 78702

The market data from 6 similar recent sales in ULIT H points to a value of approximately $844,211. To sell within a reasonable timeframe at fair market value, the $717,000 to $727,000 range is where I'd position this. Against 3 similar active listings in ULIT H, this price point lands at the most expensive of 3 comparable homes on the market. Being 146 sqft larger than the average comparable sale in this area impacts the per square foot value. The 2013 construction puts this home 5 years older than the comp average, a factor in the pricing. Current inventory shows 3 comparable homes in ULIT H; a buyer's market based on recent absorption. In 78702, home values have fallen approximately 1.8% over the past 6 months. One of the strongest data points is 2804 E 22nd ST # B, Austin TX 78722, adjusting to $802,748; a strong comparable. 6 comparable transactions in ULIT H 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