2702 Crest Ave # 1, Austin TX 78702

After reviewing 7 recent transactions in HOMEWOOD HEIGHTS, I estimate this property's value at $427,550. A competitive list price for this home right now would fall in the $370,000 to $380,000 range. Relative to what's currently available in HOMEWOOD HEIGHTS, this home would be the 3rd least expensive of 7 comparable homes on the market. At 52 years older than typical comps, the 1930 build date influences the valuation. The larger lot (0.15 acres versus the area average of 0.11) contributes to the valuation. Current inventory shows 7 comparable homes in HOMEWOOD HEIGHTS; a buyer's market based on recent absorption. Prices in 78702 have fallen 2.2% over the last 6 months. A similar home at 1182 Sol Wilson Ave, Austin TX 78702 carries an adjusted comparable value of $646,278, providing a strong data point. The comp data here (7 sales in HOMEWOOD HEIGHTS) gives us a clear read on this home's value. Important to note: this valuation is based on comparable sales data, not a physical inspection of the property. Curious about your home's value? Get a free estimate here. Ed Neuhaus