1907 E 8th ST, Austin TX 78702

Reviewing the most recent comparable transactions, this home's market value falls around $577,807. For a well positioned listing in OIL MILL, I'd target the $390,000 to $400,000 range. At this price, the property would be the 3rd most expensive of 7 comparable homes on the market comparable homes currently on the market in OIL MILL. The 1937 construction puts this home 34 years older than the comp average, a factor in the pricing. Right now, 7 similar properties are competing for buyers in OIL MILL, listed between $420,000 and $775,000. Recent trends in 78702 show home values have fallen 2.2% since 6 months ago. The most comparable recent sale is 2001 E 8th ST, Austin TX 78702, with an adjusted value of $508,620; with a larger floor plan. 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