2401 Avenue N, Austin TX 78727

Based on 7 closed sales in 78727, the data points to a value around $450,855 for this home. Given current inventory and recent sales, the sweet spot for listing this home is $497,000 to $506,000. This would position the home competitively among 7 active listings in 78727. Being built in 2004 (6 years newer than comps) is factored into the value estimate. With 7 similar homes currently listed in 78727 (a buyer's market), competition is a factor to consider. Market data shows 78727 prices fallen 8% over the last half year. The closest comparable sale, 2912 Sydney DR, Austin TX 78728 at an adjusted $420,452, is a strong comparable. This estimate draws on 7 comparable sales, offering a reliable picture of market value. That said, this is a data only estimate. A walkthrough could change the picture. Want a detailed analysis for a home you're considering? I'm happy to help. Ed Neuhaus