2422 S Sixth ST, Austin TX 78704

Reviewing the most recent comparable transactions, this home's market value falls around $1,489,865. For a well positioned listing in LA PERLA, I'd target the $1,460,000 to $1,520,000 range. Among the similar homes currently available in LA PERLA, this price point stands out as competitive. Being 179 sqft larger than the average comparable sale in this area impacts the per square foot value. At 0.23 acres, the lot is larger than the 0.16 acre comp average, which factors into pricing. 6 similar homes are currently available in LA PERLA, creating a buyer's market for this price range. Recent trends in 78704 show home values have fallen 8.7% since 6 months ago. The most comparable recent sale is 2504 S 4th ST, Austin TX 78704, with an adjusted value of $1,517,011; with a smaller floor plan. 7 comparable transactions in LA PERLA 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