2619 E 5th ST, Austin TX 78702

My analysis of 7 comparable properties puts this home's estimated value at $531,501. Based on how the local market is moving, a list price between $708,000 and $715,000 would position this home well. Buyers shopping in PACE D right now would see this as a well positioned option among 7 comparable homes. At 130 sqft smaller than the typical comp, the size difference factors into the valuation. At 53 years older than typical comps, the 1945 build date influences the valuation. Buyers in PACE D have 7 comparable options right now, with asking prices between $525,000 and $754,900. The 6 month price trend in 78702: fallen 2.2%. The best comp here is 503 Allen ST # 503A, Austin TX 78702 at an adjusted value of $391,204, a strong comparable. With 7 comparable sales in PACE D, 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