2403 Santa Maria ST, Austin TX 78702

Based on what similar homes have actually sold for within half a mile, I'd place this property's value at $797,054. I'd recommend coming to market at $552,000 to $562,000 to strike the right balance between value and market velocity. Among the similar homes currently available in INDUSTRIAL, this price point stands out as competitive. The 0.08 acre lot (smaller than the 0.11 acre average) is reflected in the estimate. Current inventory shows 7 comparable homes in INDUSTRIAL; a buyer's market based on recent absorption. The trend in 78702 shows prices have fallen 4.7% in the past 6 months. 310 Pedernales ST, Austin TX 78702 nearby adjusts to $725,400; with a smaller floor plan. Based on 7 relevant data points in INDUSTRIAL, I'm comfortable with this estimate. Without stepping inside, I can only go by what the data shows. An in person look would tell the full story. Ed Neuhaus, Neuhaus Realty Group | Austin, TX