2606 Wilson ST # 1202, Austin TX 78704

Based on 3 closed sales in FLATS, the data points to a value around $635,725 for this home. Given current inventory and recent sales, the sweet spot for listing this home is $489,000 to $499,000. Buyers shopping in FLATS right now would see this as a well positioned option among 7 comparable homes. Being built in 2013 (9 years older than comps) is factored into the value estimate. Lot size matters here: 1.18 acres versus 0.56 for the typical comp. There are currently 7 similar homes on the market in FLATS, ranging from $499,999 to $850,000. Market data shows 78704 prices fallen 1.7% over the last half year. The closest comparable sale, 3114 S Congress Ave # 310, Austin TX 78704 at an adjusted $462,399, is 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