2220 Thornton Building 2 RD, Austin TX 78704

After reviewing 7 recent transactions in SOUTH LAMAR, I estimate this property's value at $1,143,126. A competitive list price for this home right now would fall in the $887,000 to $897,000 range. This would position the home competitively among 7 active listings in SOUTH LAMAR. The smaller lot (0.00 acres versus the area average of 0.12) contributes to the valuation. The active market in SOUTH LAMAR includes 7 comparable homes priced from $898,000 to $1,500,000. Prices in 78704 have fallen 4.9% over the last 6 months. A similar home at 1305 Kinney Ave # 1, Austin TX 78704 carries an adjusted comparable value of $1,114,154, providing a strong data point. The comp data here (7 sales in SOUTH LAMAR) gives us a clear read on this home's value. Important to note: this valuation is based on comparable sales data, not a physical inspection of the property. Curious about your home's value? Get a free estimate here. Ed Neuhaus