2409 E 2nd ST, Austin TX 78702

Reviewing the most recent comparable transactions, this home's market value falls around $533,029. For a well positioned listing in 78702, I'd target the $647,000 to $724,000 range. In the current 78702 market with 6 similar homes available, this price represents the 2nd least expensive of 6 comparable homes on the market. The 1941 construction puts this home 39 years older than the comp average, a factor in the pricing. At 0.15 acres, the lot is larger than the 0.08 acre comp average, which factors into pricing. The active market in 78702 includes 6 comparable homes priced from $418,999 to $995,000. Recent trends in 78702 show home values have fallen 2.2% since 6 months ago. The most comparable recent sale is 2511 E Cesar Chavez ST, Austin TX 78702, with an adjusted value of $724,227; a strong comparable. 7 comparable transactions in 78702 support the reliability of this estimate. As always, a data based estimate has its limits. Seeing the home in person is the best way to confirm value. Ed Neuhaus, Broker/Owner | Neuhaus Realty Group