2302 Eastside Dr. 14 # 14, Austin TX 78704

After reviewing 7 recent transactions in 78704, I estimate this property's value at $269,420. A competitive list price for this home right now would fall in the $298,000 to $346,000 range. Buyers shopping in 78704 right now would see this as a well positioned option among 5 comparable homes. The smaller floor plan (135 sqft compared to the average comp) is a meaningful differentiator in this price range. The larger lot (0.67 acres versus the area average of 0.05) contributes to the valuation. Current inventory shows 5 comparable homes in 78704; a buyer's market based on recent absorption. Prices in 78704 have fallen 3.8% over the last 6 months. A similar home at 500 E Riverside DR # 146, Austin TX 78704 carries an adjusted comparable value of $212,621, providing a strong data point. With 7 comparable sales in 78704, 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