2203 E 18th ST, Austin TX 78702

Based on what similar homes have actually sold for within half a mile, I'd place this property's value at $492,037. I'd recommend coming to market at $197,000 to $207,000 to strike the right balance between value and market velocity. Among the similar homes currently available in EAST AUSTIN, this price point stands out as competitive. Built in 1940, this home is 5 years newer than the average comp, which is reflected in the adjustments. The 0.18 acre lot (larger than the 0.12 acre average) is reflected in the estimate. Right now, 7 similar properties are competing for buyers in EAST AUSTIN, listed between $219,900 and $995,000. The trend in 78702 shows prices have fallen 2.2% in the past 6 months. 3010 E 14th ST, Austin TX 78702 nearby adjusts to $449,147; a strong comparable. With 4 solid comps to draw from, the data tells a consistent story. Of course, without seeing the property in person, this is a data based estimate only. Ed Neuhaus, Neuhaus Realty Group