1903 SL Davis Ave # A, Austin TX 78702

Reviewing the most recent comparable transactions, this home's market value falls around $665,141. For a well positioned listing in 78702, I'd target the $423,000 to $433,000 range. With 7 comparable homes on the market in 78702, this price positions the property as the 3rd least expensive of 7 comparable homes on the market. At 0.00 acres, the lot is smaller than the 0.17 acre comp average, which factors into pricing. 7 similar homes are currently available in 78702, creating a buyer's market for this price range. Recent trends in 78702 show home values have fallen 4.8% since 6 months ago. The most comparable recent sale is 3204 E 14th 1/2 ST, Austin TX 78721, with an adjusted value of $703,262; 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