2002 Ann Arbor Ave, Austin TX 78704

Reviewing the most recent comparable transactions, this home's market value falls around $799,549. For a well positioned listing in CANNIZZO, I'd target the $482,000 to $492,000 range. Against 7 similar active listings in CANNIZZO, this price point lands at the 2nd most expensive of 7 comparable homes on the market. The 1930 construction puts this home 26 years older than the comp average, a factor in the pricing. The active market in CANNIZZO includes 7 comparable homes priced from $449,000 to $1,270,000. Recent trends in 78704 show home values have fallen 3.8% since 6 months ago. The most comparable recent sale is 1703 Dywer Ave, Austin TX 78704, with an adjusted value of $949,055; a strong comparable. 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