2401 Manor RD # 207, Austin TX 78722

The market data from 7 similar recent sales in EAST UNIVERSITY PLACE points to a value of approximately $369,176. To sell within a reasonable timeframe at fair market value, the $206,000 to $216,000 range is where I'd position this. Among the similar homes currently available in EAST UNIVERSITY PLACE, this price point stands out as competitive. The 1963 construction puts this home 10 years newer than the comp average, a factor in the pricing. At 0.02 acres, the lot is smaller than the 0.08 acre comp average, which factors into pricing. With 7 similar homes currently listed in EAST UNIVERSITY PLACE (a buyer's market), competition is a factor to consider. In 78722, home values have fallen approximately 11.5% over the past 6 months. One of the strongest data points is 2401 Manor RD # 210, Austin TX 78722, adjusting to $175,870; 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