2705 S 2nd ST # A, Austin TX 78704

The market data from 4 similar recent sales in OAK RIDGE HEIGHTS points to a value of approximately $463,273. To sell within a reasonable timeframe at fair market value, the $574,000 to $612,000 range is where I'd position this. With 5 comparable homes on the market in OAK RIDGE HEIGHTS, this price positions the property as the most affordable of 5 comparable homes on the market. At 0.00 acres, the lot is smaller than the 0.17 acre comp average, which factors into pricing. There are currently 5 similar homes on the market in OAK RIDGE HEIGHTS, ranging from $515,777 to $755,000. In 78704, home values have fallen approximately 3.8% over the past 6 months. One of the strongest data points is 2609 S 3rd ST, Austin TX 78704, adjusting to $574,352; with a larger floor plan. The 4 comps used here provide a solid foundation for this valuation. Keep in mind, I have not personally inspected this property. The numbers are data driven, not firsthand. Questions about this property or this area? Reach out anytime. Ed Neuhaus, Neuhaus Realty Group