2401 Manor RD # 208, Austin TX 78722

After reviewing 7 recent transactions in EAST UNIVERSITY PLACE, I estimate this property's value at $369,176. A competitive list price for this home right now would fall in the $206,000 to $216,000 range. This home's position in the current EAST UNIVERSITY PLACE market: the 3rd most expensive of 7 comparable homes on the market among comparable properties. At 10 years newer than typical comps, the 1963 build date influences the valuation. The smaller lot (0.02 acres versus the area average of 0.08) contributes to the valuation. With 7 similar homes currently listed in EAST UNIVERSITY PLACE (a buyer's market), competition is a factor to consider. Prices in 78722 have fallen 11.5% over the last 6 months. A similar home at 2401 Manor RD # 210, Austin TX 78722 carries an adjusted comparable value of $175,870, providing a strong data point. The comp data here (7 sales in EAST UNIVERSITY PLACE) gives us a clear read on this home's value. Important to note: this valuation is based on comparable sales data, not a physical inspection of the property. Curious about your home's value? Get a free estimate here. Ed Neuhaus