1909 E 2nd ST, Austin TX 78702

Reviewing the most recent comparable transactions, this home's market value falls around $577,961. For a well positioned listing in FAIR GROUNDS, I'd target the $652,000 to $669,000 range. With 6 comparable homes on the market in FAIR GROUNDS, this price positions the property as the 3rd least expensive of 6 comparable homes on the market. The larger floor plan (118 sqft compared to the average comp) is a meaningful differentiator in this price range. The 1920 construction puts this home 50 years older than the comp average, a factor in the pricing. With 6 similar homes currently listed in FAIR GROUNDS (a buyer's market), competition is a factor to consider. Recent trends in 78702 show home values have fallen 1.8% since 6 months ago. The most comparable recent sale is 2319 Santa Maria ST, Austin TX 78702, with an adjusted value of $616,815; a strong comparable. 7 comparable transactions in FAIR GROUNDS support the reliability of this estimate. As always, a data based estimate has its limits. Seeing the home in person is the best way to confirm value. Ed Neuhaus, Broker/Owner | Neuhaus Realty Group