2203 E 13th ST, Austin TX 78702

Reviewing the most recent comparable transactions, this home's market value falls around $349,259. For a well positioned listing in 78702, I'd target the $288,000 to $298,000 range. Among the similar homes currently available in 78702, this price point stands out as competitive. This home's smaller footprint (196 sqft vs the comp average) plays a role in how the market prices it. The 1935 construction puts this home 25 years older than the comp average, a factor in the pricing. Current inventory shows 5 comparable homes in 78702; a buyer's market based on recent absorption. Recent trends in 78702 show home values have fallen 2.2% since 6 months ago. The most comparable recent sale is 2108 E 12th ST, Austin TX 78702, with an adjusted value of $377,136; 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