2701 E 3rd ST, Austin TX 78702

Reviewing the most recent comparable transactions, this home's market value falls around $660,224. For a well positioned listing in ANTHONY W, I'd target the $407,000 to $417,000 range. With 5 comparable homes on the market in ANTHONY W, this price positions the property as the most expensive of 5 comparable homes on the market. The smaller floor plan (354 sqft compared to the average comp) is a meaningful differentiator in this price range. The 1956 construction puts this home 42 years older than the comp average, a factor in the pricing. Current inventory shows 5 comparable homes in ANTHONY W; a buyer's market based on recent absorption. Recent trends in 78702 show home values have fallen 2.2% since 6 months ago. The most comparable recent sale is 2519 E 4th ST # 1, Austin TX 78702, with an adjusted value of $936,286; with a smaller floor plan. 7 comparable transactions in ANTHONY W 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