2108 E 2nd ST, Austin TX 78702

The market data from 7 similar recent sales in FAIR GROUNDS points to a value of approximately $495,855. To sell within a reasonable timeframe at fair market value, the $628,000 to $645,000 range is where I'd position this. With 7 comparable homes on the market in FAIR GROUNDS, this price positions the property as the 3rd least expensive of 7 comparable homes on the market. The 1925 construction puts this home 42 years older than the comp average, a factor in the pricing. At 0.15 acres, the lot is larger than the 0.09 acre comp average, which factors into pricing. The active market in FAIR GROUNDS includes 7 comparable homes priced from $418,999 to $995,000. In 78702, home values have fallen approximately 2.2% over the past 6 months. One of the strongest data points is 2511 E Cesar Chavez ST, Austin TX 78702, adjusting to $628,027; a strong comparable. The 7 comps used here provide a solid foundation for this valuation. Keep in mind, I have not personally inspected this property. The numbers are data driven, not firsthand. Questions about this property or this area? Reach out anytime. Ed Neuhaus, Neuhaus Realty Group