2501 E 4th ST # B, Austin TX 78702

Reviewing the most recent comparable transactions, this home's market value falls around $487,127. For a well positioned listing in EAST TH GARDEN HOMES, I'd target the $370,000 to $380,000 range. With 7 comparable homes on the market in EAST TH GARDEN HOMES, this price positions the property as the 2nd most expensive of 7 comparable homes on the market. At 731 sqft smaller than the typical comp, the size difference factors into the valuation. The 2014 construction puts this home 17 years newer than the comp average, a factor in the pricing. With 7 similar homes currently listed in EAST TH GARDEN HOMES (a buyer's market), competition is a factor to consider. Recent trends in 78702 show home values have fallen 5.9% since 6 months ago. The most comparable recent sale is 2507 Diaz ST, Austin TX 78702, with an adjusted value of $382,800; with a smaller floor plan. The 7 comps used here provide a solid foundation for this valuation. Keep in mind, I have not personally inspected this property. The numbers are data driven, not firsthand. Questions about this property or this area? Reach out anytime. Ed Neuhaus, Neuhaus Realty Group