2606 Wilson ST # 1405, Austin TX 78704

After adjusting 7 comparable sales for differences in size, age, and features, this home's estimated value is $593,059. Pricing this home between $431,000 and $441,000 would put it in the competitive sweet spot for FLATS. This home's position in the current FLATS market: the 2nd most expensive of 7 comparable homes on the market among comparable properties. The larger lot (1.18 acres versus the area average of 0.28) contributes to the valuation. Buyers in FLATS have 7 comparable options right now, with asking prices between $499,999 and $1,150,000. Market data shows 78704 prices fallen 4.1% over the last half year. The closest comparable sale, 2606 Wilson ST # 1004, Austin TX 78704 at an adjusted $398,661, is with a larger floor plan. 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