2322 Santa Maria ST, Austin TX 78702

Looking at what buyers have actually paid for similar homes nearby, this property comes in at approximately $717,604. To generate strong buyer interest while maximizing value, I'd price this between $571,000 and $581,000. Against 7 similar active listings in INDUSTRIAL, this price point lands at the 3rd least expensive of 7 comparable homes on the market. At 142 sqft larger than the typical comp, the size difference factors into the valuation. Current inventory shows 7 comparable homes in INDUSTRIAL; a buyer's market based on recent absorption. The trend in 78702 shows prices have fallen 4.4% in the past 6 months. 310 Pedernales ST, Austin TX 78702 nearby adjusts to $744,817; with a smaller floor plan. The 3 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