2618 Jefferson ST # B, Austin TX 78703

Based on 7 closed sales in 78703, the data points to a value around $1,316,408 for this home. Given current inventory and recent sales, the sweet spot for listing this home is $684,000 to $694,000. This home's position in the current 78703 market: the 4th most expensive of 7 comparable homes on the market among comparable properties. Being built in 2007 (34 years newer than comps) is factored into the value estimate. Lot size matters here: 0.47 acres versus 0.14 for the typical comp. Right now, 7 similar properties are competing for buyers in 78703, listed between $699,000 and $1,895,000. Market data shows 78703 prices fallen 9.3% over the last half year. The closest comparable sale, 2004 Bremen ST, Austin TX 78703 at an adjusted $1,499,484, is a strong comparable. This estimate draws on 7 comparable sales, offering a reliable picture of market value. That said, this is a data only estimate. A walkthrough could change the picture. Want a detailed analysis for a home you're considering? I'm happy to help. Ed Neuhaus