2606 Wilson ST # 902, Austin TX 78704

Based on 7 closed sales in FLATS, the data points to a value around $502,406 for this home. Given current inventory and recent sales, the sweet spot for listing this home is $566,000 to $591,000. This pricing would rank the home as the most affordable of 6 comparable homes on the market in FLATS's current inventory. At 127 sqft larger than the typical comp, the size difference factors into the valuation. Lot size matters here: 0.00 acres versus 0.10 for the typical comp. With 6 similar homes currently listed in FLATS (a buyer's market), competition is a factor to consider. Market data shows 78704 prices fallen 3.8% over the last half year. The closest comparable sale, 506 South Park DR # 1, Austin TX 78704 at an adjusted $613,293, is a strong comparable. The strength of this estimate comes from 7 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