2505 E 9th ST # 2, Austin TX 78702

Based on what similar homes have actually sold for within half a mile, I'd place this property's value at $633,332. I'd recommend coming to market at $392,000 to $402,000 to strike the right balance between value and market velocity. In the current 78702 market with 7 similar homes available, this price represents the most expensive of 7 comparable homes on the market. Being 459 sqft smaller than the average comparable sale in this area impacts the per square foot value. Built in 2020, this home is 17 years newer than the average comp, which is reflected in the adjustments. There are currently 7 similar homes on the market in 78702, ranging from $335,000 to $585,000. The trend in 78702 shows prices have fallen 7.4% in the past 6 months. 720 Pedernales ST # B, Austin TX 78702 nearby adjusts to $530,298; a strong comparable. Based on 7 relevant data points in 78702, I'm comfortable with this estimate. Without stepping inside, I can only go by what the data shows. An in person look would tell the full story. Ed Neuhaus, Neuhaus Realty Group | Austin, TX