205 Caney ST, Austin TX 78702

Based on 7 closed sales in FAIR GROUNDS, the data points to a value around $513,434 for this home. Given current inventory and recent sales, the sweet spot for listing this home is $648,000 to $652,000. Buyers shopping in FAIR GROUNDS right now would see this as a well positioned option among 7 comparable homes. Being built in 1938 (33 years older than comps) is factored into the value estimate. Right now, 7 similar properties are competing for buyers in FAIR GROUNDS, listed between $418,999 and $995,000. Market data shows 78702 prices fallen 2.2% over the last half year. The closest comparable sale, 2511 E Cesar Chavez ST, Austin TX 78702 at an adjusted $648,445, is a strong comparable. The strength of this estimate comes from 7 directly comparable sales in FAIR GROUNDS. This is strictly a numbers based opinion. Condition, upgrades, and layout can shift value in ways data cannot capture. Have questions? I'm always available. Ed Neuhaus, Neuhaus Realty Group