2606 Wilson ST # 1506, Austin TX 78704

My analysis of 7 comparable properties puts this home's estimated value at $612,128. Based on how the local market is moving, a list price between $513,000 and $523,000 would position this home well. This pricing would rank the home as the most expensive of 4 comparable homes on the market in FLATS's current inventory. At 6 years older than typical comps, the 2013 build date influences the valuation. The smaller lot (0.06 acres versus the area average of 0.09) contributes to the valuation. The active market in FLATS includes 4 comparable homes priced from $460,000 to $479,000. The 6 month price trend in 78704: fallen 0.7%. The best comp here is 506 South Park DR # 1, Austin TX 78704 at an adjusted value of $689,418, 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