2100 S L Davis Ave # 1, Austin TX 78702

Based on what similar homes have actually sold for within half a mile, I'd place this property's value at $725,821. I'd recommend coming to market at $523,000 to $533,000 to strike the right balance between value and market velocity. At this price, the property would be the 2nd most expensive of 7 comparable homes on the market comparable homes currently on the market in 78702. Being 104 sqft larger than the average comparable sale in this area impacts the per square foot value. Built in 1920, this home is 7 years older than the average comp, which is reflected in the adjustments. Current inventory shows 7 comparable homes in 78702; a buyer's market based on recent absorption. The trend in 78702 shows prices have fallen 0.7% in the past 6 months. 1313 E 13th ST, Austin TX 78702 nearby adjusts to $660,012; with a smaller floor plan. With 3 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