2007 E 13th ST, Austin TX 78702

Based on what similar homes have actually sold for in the surrounding area, I'd place this property's value at $428,709. I'd recommend coming to market at $506,000 to $516,000 to strike the right balance between value and market velocity. Against 6 similar active listings in 78702, this price point lands at the 2nd least expensive of 6 comparable homes on the market. Being 361 sqft smaller than the average comparable sale in this area impacts the per square foot value. Built in 1948, this home is 22 years older than the average comp, which is reflected in the adjustments. Right now, 6 similar properties are competing for buyers in 78702, listed between $385,000 and $550,000. The trend in 78702 shows prices have fallen 2.2% in the past 6 months. 903 E 15th ST, Austin TX 78702 nearby adjusts to $699,253; a strong comparable. With 7 solid comps to draw from, the data tells a consistent story. Of course, without seeing the property in person, this is a data based estimate only. Ed Neuhaus, Neuhaus Realty Group