2307 E 2nd ST, Austin TX 78702

Based on 7 closed sales in UNIVERSITY SAN ANTONIO, the data points to a value around $767,819 for this home. Given current inventory and recent sales, the sweet spot for listing this home is $1,203,000 to $1,220,000. This pricing would rank the home as the most affordable of 7 comparable homes on the market in UNIVERSITY SAN ANTONIO's current inventory. This home's larger footprint (1,050 sqft vs the comp average) plays a role in how the market prices it. Being built in 1960 (15 years older than comps) is factored into the value estimate. 7 similar homes are currently available in UNIVERSITY SAN ANTONIO, creating a buyer's market for this price range. Market data shows 78702 prices fallen 8% over the last half year. The closest comparable sale, 2319 Santa Maria ST, Austin TX 78702 at an adjusted $817,638, is with a smaller floor plan. The strength of this estimate comes from 7 directly comparable sales in UNIVERSITY SAN ANTONIO. This is strictly a numbers based opinion. Condition, upgrades, and layout can shift value in ways data cannot capture. Have questions? I'm always available. Ed Neuhaus, Neuhaus Realty Group