2001 E 9th ST # B, Austin TX 78702

Looking at what buyers have actually paid for similar homes nearby, this property comes in at approximately $386,107. To generate strong buyer interest while maximizing value, I'd price this between $196,000 and $206,000. At this price, the property would be the most expensive of 7 comparable homes on the market comparable homes currently on the market in 78702. Being 319 sqft smaller than the average comparable sale in this area impacts the per square foot value. The 1925 construction puts this home 37 years older than the comp average, a factor in the pricing. Current inventory shows 7 comparable homes in 78702; a buyer's market based on recent absorption. The trend in 78702 shows prices have fallen 2.2% in the past 6 months. 2202 E 2 1/2 ST, Austin TX 78702 nearby adjusts to $431,200; with a larger floor plan. 7 comparable transactions in 78702 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