2017 E 3rd ST, Austin TX 78702

The market data from 3 similar recent sales in FAIR GROUNDS points to a value of approximately $1,454,461. To sell within a reasonable timeframe at fair market value, the $1,280,000 to $1,290,000 range is where I'd position this. At this price, the property would be the 2nd most expensive of 3 comparable homes on the market comparable homes currently on the market in FAIR GROUNDS. The larger floor plan (404 sqft compared to the average comp) is a meaningful differentiator in this price range. The pool is a differentiator here, since 1 of 3 comparable sales didn't include one. Buyers in FAIR GROUNDS have 3 comparable options right now, with asking prices between $1,100,000 and $2,825,000. In 78702, home values have fallen approximately 2.2% over the past 6 months. One of the strongest data points is 2004 E 8th ST, Austin TX 78702, adjusting to $1,299,388; with a smaller floor plan and no pool. 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