2400 Santa Maria ST, Austin TX 78702

Reviewing the most recent comparable transactions, this home's market value falls around $517,642. For a well positioned listing in INDUSTRIAL, I'd target the $507,000 to $528,000 range. At this price, the property would be the 4th most expensive of 7 comparable homes on the market comparable homes currently on the market in INDUSTRIAL. The 240 sqft size difference versus comparable sales is reflected in the adjusted values. The 1935 construction puts this home 12 years older than the comp average, a factor in the pricing. There are currently 7 similar homes on the market in INDUSTRIAL, ranging from $385,000 to $995,000. Recent trends in 78702 show home values have risen 1.5% since 6 months ago. The most comparable recent sale is 2319 Santa Maria ST, Austin TX 78702, with an adjusted value of $600,262; a strong comparable. 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