2206 New York Ave, Austin TX 78702

Based on what similar homes have actually sold for within half a mile, I'd place this property's value at $1,419,998. I'd recommend coming to market at $1,763,000 to $1,818,000 to strike the right balance between value and market velocity. At this price, the property would be the 2nd least expensive of 7 comparable homes on the market comparable homes currently on the market in FOSTER. Being 386 sqft larger than the average comparable sale in this area impacts the per square foot value. Built in 2016, this home is 6 years older than the average comp, which is reflected in the adjustments. With 7 similar homes currently listed in FOSTER (a balanced market), competition is a factor to consider. The trend in FOSTER shows prices have risen 8.9% in the past 6 months. 1902 Tillotson Ave, Austin TX 78702 nearby adjusts to $1,880,071; with a larger floor plan. With 7 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