2606 Wilson ST # 701, Austin TX 78704

After adjusting 7 comparable sales for differences in size, age, and features, this home's estimated value is $598,172. Pricing this home between $504,000 and $514,000 would put it in the competitive sweet spot for FLATS. This home's position in the current FLATS market: the most expensive of 5 comparable homes on the market among comparable properties. At 7 years older than typical comps, the 2012 build date influences the valuation. The smaller lot (0.06 acres versus the area average of 0.09) contributes to the valuation. Buyers in FLATS have 5 comparable options right now, with asking prices between $449,000 and $479,000. Market data shows 78704 prices fallen 1.7% over the last half year. The closest comparable sale, 506 South Park DR # 1, Austin TX 78704 at an adjusted $679,002, is a strong comparable. With 7 comparable sales in FLATS, 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