2506 S 6TH ST, Austin TX 78704

The market data from 7 similar recent sales in LA PERLA points to a value of approximately $349,359. To sell within a reasonable timeframe at fair market value, the $197,000 to $207,000 range is where I'd position this. With 7 comparable homes on the market in LA PERLA, this price positions the property as the 2nd most expensive of 7 comparable homes on the market. At 339 sqft smaller than the typical comp, the size difference factors into the valuation. The 1924 construction puts this home 58 years older than the comp average, a factor in the pricing. The active market in LA PERLA includes 7 comparable homes priced from $185,000 to $517,500. In LA PERLA, home values have risen approximately 149.1% over the past 6 months. One of the strongest data points is 2520 S 6TH ST S, Austin TX 78704, adjusting to $330,587; 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