2002 Raleigh Ave, Austin TX 78703

After adjusting 4 comparable sales for differences in size, age, and features, this home's estimated value is $2,353,697. Pricing this home between $2,769,000 and $2,776,000 would put it in the competitive sweet spot for 78703. This pricing would rank the home as the most affordable of 3 comparable homes on the market in 78703's current inventory. This home's larger footprint (373 sqft vs the comp average) plays a role in how the market prices it. Current inventory shows 3 comparable homes in 78703; a buyer's market based on recent absorption. Market data shows 78703 prices fallen 9.3% over the last half year. The closest comparable sale, 2209 Townes LN, Austin TX 78703 at an adjusted $2,166,903, is with a smaller floor plan. The comp data here (4 sales in 78703) gives us a clear read on this home's value. Important to note: this valuation is based on comparable sales data, not a physical inspection of the property. Curious about your home's value? Get a free estimate here. Ed Neuhaus