2104 E Cesar Chavez, Austin TX 78702

The estimated value of this property is $676,552, based on 5 comparable sales in the surrounding area. In today's market, I'd bring this home to market somewhere between $503,000 and $513,000. Against 7 similar active listings in FAIR GROUNDS, this price point lands at the 2nd most expensive of 7 comparable homes on the market. Built in 1920, this home is 6 years older than the average comp, which is reflected in the adjustments. With 7 similar homes currently listed in FAIR GROUNDS (a buyer's market), competition is a factor to consider. Recent trends in 78702 show home values have fallen 2.6% since 6 months ago. The most comparable recent sale is 1808 Maple Ave, Austin TX 78702, with an adjusted value of $432,402; a strong comparable. Based on 5 relevant data points in FAIR GROUNDS, I'm comfortable with this estimate. Without stepping inside, I can only go by what the data shows. An in person look would tell the full story. Ed Neuhaus, Neuhaus Realty Group | Austin, TX