2205 SL Davis Ave Bldg 2, Austin TX 78702

Based on 3 closed sales in FOSTER, the data points to a value around $573,532 for this home. Given current inventory and recent sales, the sweet spot for listing this home is $461,000 to $471,000. This home's position in the current FOSTER market: the most expensive of 3 comparable homes on the market among comparable properties. Being built in 2019 (5 years older than comps) is factored into the value estimate. Lot size matters here: 0.18 acres versus 0.12 for the typical comp. With 3 similar homes currently listed in FOSTER (a buyer's market), competition is a factor to consider. Market data shows FOSTER prices risen 8.9% over the last half year. The closest comparable sale, 1700 Pennsylvania Ave, Austin TX 78702 at an adjusted $571,199, is with a smaller floor plan. The strength of this estimate comes from 3 directly comparable sales in FOSTER. 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