2608 E 6th ST # 3, Austin TX 78702

The market data from 7 similar recent sales in ENDS points to a value of approximately $590,838. To sell within a reasonable timeframe at fair market value, the $704,000 to $775,000 range is where I'd position this. At this price, the property would be the 2nd least expensive of 7 comparable homes on the market comparable homes currently on the market in ENDS. This home's smaller footprint (141 sqft vs the comp average) plays a role in how the market prices it. At 0.06 acres, the lot is smaller than the 0.13 acre comp average, which factors into pricing. Right now, 7 similar properties are competing for buyers in ENDS, listed between $509,900 and $884,000. In 78702, home values have fallen approximately 5.9% over the past 6 months. One of the strongest data points is 505 Tillery ST # 6, Austin TX 78702, adjusting to $541,191; with a smaller floor plan. 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