1904 Sl Davis Aly # 2, Austin TX 78702

Reviewing the most recent comparable transactions, this home's market value falls around $459,155. For a well positioned listing in 78702, I'd target the $523,000 to $560,000 range. With 5 comparable homes on the market in 78702, this price positions the property as the 2nd least expensive of 5 comparable homes on the market. At 0.30 acres, the lot is larger than the 0.18 acre comp average, which factors into pricing. Current inventory shows 5 comparable homes in 78702; a buyer's market based on recent absorption. Recent trends in 78702 show home values have fallen 0.7% since 6 months ago. The most comparable recent sale is 2401 E 6th ST # 6095, Austin TX 78702, with an adjusted value of $406,183; a strong comparable. The 4 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