2504 Ellise Ave, Austin TX 78757

The market data from 7 similar recent sales in ALLANDALE points to a value of approximately $551,301. To sell within a reasonable timeframe at fair market value, the $142,000 to $152,000 range is where I'd position this. In the current ALLANDALE market with 7 similar homes available, this price represents the most expensive of 7 comparable homes on the market. The smaller floor plan (482 sqft compared to the average comp) is a meaningful differentiator in this price range. There are currently 7 similar homes on the market in ALLANDALE, ranging from $173,900 to $279,000. In ALLANDALE, home values have fallen approximately 17.5% over the past 6 months. One of the strongest data points is 5807 Wynona Ave, Austin TX 78756, adjusting to $426,698; with a larger 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