2202 Longview, Austin TX 78705

Based on 7 closed sales in 78705, the data points to a value around $385,596 for this home. Given current inventory and recent sales, the sweet spot for listing this home is $322,000 to $332,000. This would position the home competitively among 7 active listings in 78705. Being built in 1922 (50 years older than comps) is factored into the value estimate. With 7 similar homes currently listed in 78705 (a buyer's market), competition is a factor to consider. Market data shows 78705 prices fallen 11.7% over the last half year. The closest comparable sale, 1408 W 39th 1/2 ST, Austin TX 78756 at an adjusted $478,279, is a strong comparable. The strength of this estimate comes from 7 directly comparable sales in 78705. 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