2107 E 8th # 1, Austin TX 78702

After reviewing 3 recent transactions in BLACKSHEAR PROSPECT HILL, I estimate this property's value at $849,270. A competitive list price for this home right now would fall in the $983,000 to $1,087,000 range. This would position the home competitively among 4 active listings in BLACKSHEAR PROSPECT HILL. At 240 sqft larger than the typical comp, the size difference factors into the valuation. Current inventory shows 4 comparable homes in BLACKSHEAR PROSPECT HILL; a buyer's market based on recent absorption. Prices in 78702 have fallen 7% over the last 6 months. A similar home at 2315 Santa Maria ST, Austin TX 78702 carries an adjusted comparable value of $907,076, providing a strong data point. With 3 comparable sales in BLACKSHEAR PROSPECT HILL, this estimate carries a reasonable degree of confidence. This estimate is based entirely on market data. An in person evaluation could refine it further. Ed Neuhaus, Broker/Owner, Neuhaus Realty Group