2608 E 6th ST # 4, Austin TX 78702

Based on what similar homes have actually sold for within half a mile, I'd place this property's value at $622,127. I'd recommend coming to market at $692,000 to $701,000 to strike the right balance between value and market velocity. Against 7 similar active listings in 78702, this price point lands at the 4th most expensive of 7 comparable homes on the market. The 600 sqft size difference versus comparable sales is reflected in the adjusted values. Built in 2008, this home is 10 years older than the average comp, which is reflected in the adjustments. With 7 similar homes currently listed in 78702 (a buyer's market), competition is a factor to consider. The trend in 78702 shows prices have fallen 2.2% in the past 6 months. 503 Allen ST # 503A, Austin TX 78702 nearby adjusts to $407,178; a strong comparable. Based on 7 relevant data points in 78702, I'm comfortable with this estimate. Without stepping inside, I can only go by what the data shows. An in person look would tell the full story. Ed Neuhaus, Neuhaus Realty Group | Austin, TX