202 Nueces ST # 1503, Austin TX 78701

Reviewing the most recent comparable transactions, this home's market value falls around $539,282. For a well positioned listing in BLOCK RESIDENCES, I'd target the $666,000 to $703,000 range. With 5 comparable homes on the market in BLOCK RESIDENCES, this price positions the property as the most affordable of 5 comparable homes on the market. At 0.00 acres, the lot is smaller than the 0.12 acre comp average, which factors into pricing. With 5 similar homes currently listed in BLOCK RESIDENCES (a buyer's market), competition is a factor to consider. Recent trends in 78701 show home values have fallen 3.3% since 6 months ago. The most comparable recent sale is 501 West Ave # 2202, Austin TX 78701, with an adjusted value of $636,960; a strong comparable. 5 comparable transactions in BLOCK RESIDENCES support the reliability of this estimate. As always, a data based estimate has its limits. Seeing the home in person is the best way to confirm value. Ed Neuhaus, Broker/Owner | Neuhaus Realty Group