2615 E 2nd ST, Austin TX 78702

After adjusting 7 comparable sales for differences in size, age, and features, this home's estimated value is $519,709. Pricing this home between $625,000 and $626,000 would put it in the competitive sweet spot for HIGHWAY. Relative to what's currently available in HIGHWAY, this home would be the 2nd most expensive of 3 comparable homes on the market. The smaller floor plan (478 sqft compared to the average comp) is a meaningful differentiator in this price range. At 46 years older than typical comps, the 1940 build date influences the valuation. 3 similar homes are currently available in HIGHWAY, creating a buyer's market for this price range. Market data shows 78702 prices fallen 10.6% over the last half year. The closest comparable sale, 2920 Prado ST, Austin TX 78702 at an adjusted $439,882, is with a larger floor plan. With 7 comparable sales in HIGHWAY, this estimate carries a reasonable degree of confidence. This estimate is based entirely on market data. An in person evaluation could refine it further. Ed Neuhaus, Broker/Owner, Neuhaus Realty Group