2640 W 49th, Austin TX 78731

The estimated value of this property is $589,833, based on 4 comparable sales within a mile. In today's market, I'd bring this home to market somewhere between $572,000 and $608,000. Against 4 similar active listings in FISET PLACE, this price point lands at the most expensive of 4 comparable homes on the market. The smaller floor plan (116 sqft compared to the average comp) is a meaningful differentiator in this price range. Current inventory shows 4 comparable homes in FISET PLACE; a buyer's market based on recent absorption. Recent trends in 78731 show home values have fallen 15.3% since 6 months ago. The most comparable recent sale is 5011 W Frances PL, Austin TX 78731, with an adjusted value of $541,097; a strong comparable. With 4 solid comps to draw from, the data tells a consistent story. Of course, without seeing the property in person, this is a data based estimate only. Ed Neuhaus, Neuhaus Realty Group