2205 E 17th ST, Austin TX 78702

The market data from 6 similar recent sales in 78702 points to a value of approximately $505,054. To sell within a reasonable timeframe at fair market value, the $284,000 to $294,000 range is where I'd position this. At this price, the property would be the most expensive of 3 comparable homes on the market comparable homes currently on the market in 78702. The 1961 construction puts this home 6 years newer than the comp average, a factor in the pricing. The active market in 78702 includes 3 comparable homes priced from $300,000 to $625,000. In 78702, home values have fallen approximately 2.2% over the past 6 months. One of the strongest data points is 2504 Givens Ave, Austin TX 78722, adjusting to $467,922; a strong comparable. The 6 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