1902 Pennsylvania Ave, Austin TX 78702

My analysis of 7 comparable properties puts this home's estimated value at $528,345. Based on how the local market is moving, a list price between $402,000 and $412,000 would position this home well. Relative to what's currently available in FOSTER, this home would be the 2nd most expensive of 7 comparable homes on the market. The smaller floor plan (682 sqft compared to the average comp) is a meaningful differentiator in this price range. At 33 years older than typical comps, the 1965 build date influences the valuation. With 7 similar homes currently listed in FOSTER (a balanced market), competition is a factor to consider. The 6 month price trend in FOSTER: risen 35%. The best comp here is 2014 E 9th ST # 2, Austin TX 78702 at an adjusted value of $555,563, a strong comparable. The comp data here (7 sales in FOSTER) gives us a clear read on this home's value. Important to note: this valuation is based on comparable sales data, not a physical inspection of the property. Curious about your home's value? Get a free estimate here. Ed Neuhaus