2641 W 45th ST, Austin TX 78731

The market data from 7 similar recent sales in 78731 points to a value of approximately $788,697. To sell within a reasonable timeframe at fair market value, the $690,000 to $700,000 range is where I'd position this. In the current 78731 market with 5 similar homes available, this price represents the 3rd most expensive of 5 comparable homes on the market. At 0.00 acres, the lot is smaller than the 0.19 acre comp average, which factors into pricing. With 5 similar homes currently listed in 78731 (a buyer's market), competition is a factor to consider. In 78731, home values have fallen approximately 15.3% over the past 6 months. One of the strongest data points is 2612 W 49th ST, Austin TX 78731, adjusting to $841,929; a strong comparable. 7 comparable transactions in 78731 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