2007 E 2nd ST, Austin TX 78702

My analysis of 7 comparable properties puts this home's estimated value at $631,627. Based on how the local market is moving, a list price between $427,000 and $437,000 would position this home well. Relative to what's currently available in FAIR GROUNDS, this home would be the 2nd most expensive of 3 comparable homes on the market. The smaller floor plan (244 sqft compared to the average comp) is a meaningful differentiator in this price range. At 71 years older than typical comps, the 1925 build date influences the valuation. With 3 similar homes currently listed in FAIR GROUNDS (a buyer's market), competition is a factor to consider. The 6 month price trend in 78702: fallen 2.9%. The best comp here is 2511 E Cesar Chavez ST, Austin TX 78702 at an adjusted value of $717,875, with a smaller floor plan. The comp data here (7 sales in FAIR GROUNDS) 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