2606 Wilson ST # 102, Austin TX 78704

Reviewing the most recent comparable transactions, this home's market value falls around $467,226. For a well positioned listing in FLATS, I'd target the $480,000 to $564,000 range. With 3 comparable homes on the market in FLATS, this price positions the property as the 2nd most expensive of 3 comparable homes on the market. At 0.04 acres, the lot is smaller than the 0.08 acre comp average, which factors into pricing. Right now, 3 similar properties are competing for buyers in FLATS, listed between $455,000 and $669,900. Recent trends in 78704 show home values have fallen 4.1% since 6 months ago. The most comparable recent sale is 2725 Dulce LN # 233, Austin TX 78704, with an adjusted value of $422,818; a strong comparable. 7 comparable transactions in FLATS support the reliability of this estimate. As always, a data based estimate has its limits. Seeing the home in person is the best way to confirm value. Ed Neuhaus, Broker/Owner | Neuhaus Realty Group