204 E 50th ST, Austin TX 78751

After reviewing 7 recent transactions in HYDE PARK, I estimate this property's value at $663,852. A competitive list price for this home right now would fall in the $424,000 to $434,000 range. Buyers shopping in HYDE PARK right now would see this as a well positioned option among 7 comparable homes. At 6 years older than typical comps, the 1950 build date influences the valuation. The smaller lot (0.08 acres versus the area average of 0.12) contributes to the valuation. With 7 similar homes currently listed in HYDE PARK (a balanced market), competition is a factor to consider. Prices in HYDE PARK have risen 16.9% over the last 6 months. A similar home at 502 E 46th ST, Austin TX 78751 carries an adjusted comparable value of $611,267, providing a strong data point. The comp data here (7 sales in HYDE PARK) 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