2606 Wilson ST # 502, Austin TX 78704

Looking at what buyers have actually paid for similar homes nearby, this property comes in at approximately $561,158. To generate strong buyer interest while maximizing value, I'd price this between $544,000 and $578,000. Against 7 similar active listings in FLATS, this price point lands at the 3rd most expensive of 7 comparable homes on the market. The 2012 construction puts this home 8 years older than the comp average, a factor in the pricing. At 0.05 acres, the lot is smaller than the 0.09 acre comp average, which factors into pricing. Buyers in FLATS have 7 comparable options right now, with asking prices between $449,000 and $685,900. The trend in 78704 shows prices have fallen 3.9% in the past 6 months. 2725 Dulce LN # 233, Austin TX 78704 nearby adjusts to $495,333; with a smaller floor plan. 5 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