2311 E 18th ST, Austin TX 78702

Based on 5 closed sales in 78702, the data points to a value around $814,153 for this home. Given current inventory and recent sales, the sweet spot for listing this home is $798,000 to $830,000. Relative to what's currently available in 78702, this home would be the 2nd least expensive of 5 comparable homes on the market. The 169 sqft size difference versus comparable sales is reflected in the adjusted values. With 5 similar homes currently listed in 78702 (a buyer's market), competition is a factor to consider. Market data shows 78702 prices fallen 1.5% over the last half year. The closest comparable sale, 2709 E 13th ST, Austin TX 78702 at an adjusted $636,604, is with a smaller floor plan. The strength of this estimate comes from 5 directly comparable sales in 78702. 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