1908 E 2nd ST, Austin TX 78702

After reviewing 7 recent transactions in FAIR GROUNDS, I estimate this property's value at $696,690. A competitive list price for this home right now would fall in the $863,000 to $869,000 range. Relative to what's currently available in FAIR GROUNDS, this home would be the 2nd least expensive of 7 comparable homes on the market. Being 140 sqft larger than the average comparable sale in this area impacts the per square foot value. At 85 years older than typical comps, the 1915 build date influences the valuation. With 7 similar homes currently listed in FAIR GROUNDS (a buyer's market), competition is a factor to consider. Prices in 78702 have fallen 2.2% over the last 6 months. A similar home at 2001 E 8th ST, Austin TX 78702 carries an adjusted comparable value of $648,422, providing a strong data point. With 7 comparable sales in FAIR GROUNDS, this estimate carries a reasonable degree of confidence. This estimate is based entirely on market data. An in person evaluation could refine it further. Ed Neuhaus, Broker/Owner, Neuhaus Realty Group