2606 Wilson ST # 1106, Austin TX 78704

Taking into account 3 nearby comparable sales, this property's estimated value comes to $487,122. If we were to list this property today, I'd recommend a list price in the $473,000 to $502,000 range. Buyers shopping in FLATS right now would see this as a well positioned option among 4 comparable homes. At 196 sqft larger than the typical comp, the size difference factors into the valuation. Lot size matters here: 0.06 acres versus 0.10 for the typical comp. Current inventory shows 4 comparable homes in FLATS; a buyer's market based on recent absorption. The 6 month price trend in 78704: fallen 1.2%. The best comp here is 2725 Dulce LN # 233, Austin TX 78704 at an adjusted value of $507,563, with a smaller floor plan. The strength of this estimate comes from 3 directly comparable sales in FLATS. This is strictly a numbers based opinion. Condition, upgrades, and layout can shift value in ways data cannot capture. Have questions? I'm always available. Ed Neuhaus, Neuhaus Realty Group