2002 Dexter ST, Austin TX 78704

The market data from 3 similar recent sales in SOUTH LUND PARK points to a value of approximately $856,780. To sell within a reasonable timeframe at fair market value, the $537,000 to $547,000 range is where I'd position this. With 3 comparable homes on the market in SOUTH LUND PARK, this price positions the property as the most expensive of 3 comparable homes on the market. This home's larger footprint (230 sqft vs the comp average) plays a role in how the market prices it. At 0.22 acres, the lot is larger than the 0.19 acre comp average, which factors into pricing. The active market in SOUTH LUND PARK includes 3 comparable homes priced from $465,000 to $1,249,000. In 78704, home values have fallen approximately 3.8% over the past 6 months. One of the strongest data points is 1812 Margaret ST, Austin TX 78704, adjusting to $903,615; with a smaller floor plan. The 3 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