2309 E 5th ST, Austin TX 78702

The market data from 7 similar recent sales in BUENA VISTA points to a value of approximately $989,190. To sell within a reasonable timeframe at fair market value, the $1,298,000 to $1,336,000 range is where I'd position this. In the current BUENA VISTA market with 6 similar homes available, this price represents the most affordable of 6 comparable homes on the market. The larger floor plan (920 sqft compared to the average comp) is a meaningful differentiator in this price range. The 2022 construction puts this home 5 years newer than the comp average, a factor in the pricing. Right now, 6 similar properties are competing for buyers in BUENA VISTA, listed between $1,099,000 and $2,100,000. In 78702, home values have fallen approximately 4.8% over the past 6 months. One of the strongest data points is 2004 E 8th ST, Austin TX 78702, adjusting to $1,129,895; with a smaller floor plan. The 7 comps used here provide a solid foundation for this valuation. Keep in mind, I have not personally inspected this property. The numbers are data driven, not firsthand. Questions about this property or this area? Reach out anytime. Ed Neuhaus, Neuhaus Realty Group