2606 Wilson ST # 803, Austin TX 78704

Reviewing the most recent comparable transactions, this home's market value falls around $725,694. For a well positioned listing in FLATS, I'd target the $711,000 to $740,000 range. With 7 comparable homes on the market in FLATS, this price positions the property as the 3rd most expensive of 7 comparable homes on the market. At 1.18 acres, the lot is larger than the 0.31 acre comp average, which factors into pricing. There are currently 7 similar homes on the market in FLATS, ranging from $549,999 to $1,150,000. Recent trends in 78704 show home values have fallen 1.2% since 6 months ago. The most comparable recent sale is 219 Lessin LN # 11, Austin TX 78704, with an adjusted value of $619,920; a strong comparable. The 7 comps used here provide a solid foundation for this valuation. Keep in mind, I have not personally inspected this property. The numbers are data driven, not firsthand. Questions about this property or this area? Reach out anytime. Ed Neuhaus, Neuhaus Realty Group