2203 E 17th ST, Austin TX 78702

Reviewing the most recent comparable transactions, this home's market value falls around $478,712. For a well positioned listing in 78702, I'd target the $348,000 to $358,000 range. With 5 comparable homes on the market in 78702, this price positions the property as the 3rd most expensive of 5 comparable homes on the market. The 1962 construction puts this home 6 years newer 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 2006 Maple Ave, Austin TX 78722, with an adjusted value of $288,548; with a larger floor plan. The 3 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