2007 New York Ave # B, Austin TX 78702

Based on what similar homes have actually sold for within half a mile, I'd place this property's value at $901,771. I'd recommend coming to market at $916,000 to $941,000 to strike the right balance between value and market velocity. In the current 78702 market with 3 similar homes available, this price represents the 2nd most expensive of 3 comparable homes on the market. Built in 2008, this home is 6 years older than the average comp, which is reflected in the adjustments. The 0.18 acre lot (larger than the 0.12 acre average) is reflected in the estimate. Right now, 3 similar properties are competing for buyers in 78702, listed between $849,000 and $1,200,000. The trend in 78702 shows prices have fallen 10.6% in the past 6 months. 1132 Salina ST, Austin TX 78702 nearby adjusts to $912,108; with a larger floor plan. Based on 7 relevant data points in 78702, I'm comfortable with this estimate. Without stepping inside, I can only go by what the data shows. An in person look would tell the full story. Ed Neuhaus, Neuhaus Realty Group | Austin, TX