2021 E 2nd ST, Austin TX 78702

The estimated value of this property is $500,885, based on 7 comparable sales within half a mile. In today's market, I'd bring this home to market somewhere between $384,000 and $394,000. In the current FAIR GROUNDS market with 7 similar homes available, this price represents the 2nd most expensive of 7 comparable homes on the market. Built in 1937, this home is 30 years older than the average comp, which is reflected in the adjustments. The 0.15 acre lot (larger than the 0.09 acre average) is reflected in the estimate. 7 similar homes are currently available in FAIR GROUNDS, creating a buyer's market for this price range. Recent trends in 78702 show home values have fallen 2.2% since 6 months ago. The most comparable recent sale is 2202 E 2 1/2 ST, Austin TX 78702, with an adjusted value of $641,301; 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