2405 Coronado ST, Austin TX 78702

After reviewing 7 recent transactions in LINCOLN PLACE, I estimate this property's value at $437,058. A competitive list price for this home right now would fall in the $536,000 to $592,000 range. This would position the home competitively among 7 active listings in LINCOLN PLACE. At 60 years older than typical comps, the 1910 build date influences the valuation. The larger lot (0.17 acres versus the area average of 0.10) contributes to the valuation. With 7 similar homes currently listed in LINCOLN PLACE (a buyer's market), competition is a factor to consider. Prices in 78702 have fallen 7% over the last 6 months. A similar home at 2511 E Cesar Chavez ST, Austin TX 78702 carries an adjusted comparable value of $591,677, providing a strong data point. With 7 comparable sales in LINCOLN PLACE, this estimate carries a reasonable degree of confidence. This estimate is based entirely on market data. An in person evaluation could refine it further. Ed Neuhaus, Broker/Owner, Neuhaus Realty Group