2611 E 2nd ST, Austin TX 78702

Reviewing the most recent comparable transactions, this home's market value falls around $569,327. For a well positioned listing in HIGHWAY, I'd target the $377,000 to $387,000 range. With 6 comparable homes on the market in HIGHWAY, this price positions the property as the 3rd least expensive of 6 comparable homes on the market. The 1940 construction puts this home 45 years older than the comp average, a factor in the pricing. At 0.16 acres, the lot is larger than the 0.12 acre comp average, which factors into pricing. Right now, 6 similar properties are competing for buyers in HIGHWAY, listed between $375,000 and $693,000. Recent trends in 78702 show home values have fallen 6.3% since 6 months ago. The most comparable recent sale is 2519 E 4th ST # 1, Austin TX 78702, with an adjusted value of $853,268; a strong comparable. 7 comparable transactions in HIGHWAY support the reliability of this estimate. As always, a data based estimate has its limits. Seeing the home in person is the best way to confirm value. Ed Neuhaus, Broker/Owner | Neuhaus Realty Group