2208 E 14th ST, Austin TX 78702

My analysis of 4 comparable properties puts this home's estimated value at $889,242. Based on how the local market is moving, a list price between $468,000 and $478,000 would position this home well. Relative to what's currently available in DIVISION, this home would be the most expensive of 7 comparable homes on the market. This home's larger footprint (122 sqft vs the comp average) plays a role in how the market prices it. Current inventory shows 7 comparable homes in DIVISION; a buyer's market based on recent absorption. The 6 month price trend in DIVISION: risen 20.1%. The best comp here is 907 E 15th ST, Austin TX 78702 at an adjusted value of $744,946, a strong comparable. With 4 comparable sales in DIVISION, this estimate carries a reasonable degree of confidence. This estimate is based entirely on market data. An in person evaluation could refine it further. Ed Neuhaus, Broker/Owner, Neuhaus Realty Group