2510 Wilson ST, Austin TX 78704

After reviewing 7 recent transactions in SOSA P, I estimate this property's value at $570,583. A competitive list price for this home right now would fall in the $659,000 to $660,000 range. Relative to what's currently available in SOSA P, this home would be the 3rd least expensive of 7 comparable homes on the market. At 55 years older than typical comps, the 1920 build date influences the valuation. The larger lot (0.18 acres versus the area average of 0.14) contributes to the valuation. With 7 similar homes currently listed in SOSA P (a buyer's market), competition is a factor to consider. Prices in 78704 have fallen 3.8% over the last 6 months. A similar home at 405 El Paso ST, Austin TX 78704 carries an adjusted comparable value of $548,488, providing a strong data point. With 7 comparable sales in SOSA P, this estimate carries a reasonable degree of confidence. This estimate is based entirely on market data. An in person evaluation could refine it further. Ed Neuhaus, Broker/Owner, Neuhaus Realty Group