2602 Wilson ST # 202, Austin TX 78704

The market data from 7 similar recent sales in FLATS points to a value of approximately $560,892. To sell within a reasonable timeframe at fair market value, the $477,000 to $487,000 range is where I'd position this. Among the similar homes currently available in FLATS, this price point stands out as competitive. At 0.68 acres, the lot is larger than the 0.10 acre comp average, which factors into pricing. The active market in FLATS includes 7 comparable homes priced from $460,000 to $624,842. In 78704, home values have fallen approximately 3.8% over the past 6 months. One of the strongest data points is 2606 Wilson ST # 1004, Austin TX 78704, adjusting to $413,421; 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