2302 East Side DR # 24, Austin TX 78704

Looking at what buyers have actually paid for similar homes nearby, this property comes in at approximately $230,350. To generate strong buyer interest while maximizing value, I'd price this between $137,000 and $147,000. At this price, the property would be the 2nd least expensive of 4 comparable homes on the market comparable homes currently on the market in 78704. At 120 sqft smaller than the typical comp, the size difference factors into the valuation. At 0.02 acres, the lot is smaller than the 0.07 acre comp average, which factors into pricing. Current inventory shows 4 comparable homes in 78704; a buyer's market based on recent absorption. The trend in 78704 shows prices have fallen 5.3% in the past 6 months. 500 E Riverside DR # 216, Austin TX 78704 nearby adjusts to $226,776; a strong comparable. 3 comparable transactions in 78704 support the reliability of this estimate. As always, a data based estimate has its limits. Seeing the home in person is the best way to confirm value. Ed Neuhaus, Broker/Owner | Neuhaus Realty Group