2709 E 13th ST, Austin TX 78702

Based on what similar homes have actually sold for within half a mile, I'd place this property's value at $722,695. I'd recommend coming to market at $773,000 to $774,000 to strike the right balance between value and market velocity. Against 7 similar active listings in 78702, this price point lands at the 4th most expensive of 7 comparable homes on the market. Being 119 sqft larger than the average comparable sale in this area impacts the per square foot value. The 0.00 acre lot (smaller than the 0.11 acre average) is reflected in the estimate. Current inventory shows 7 comparable homes in 78702; a buyer's market based on recent absorption. The trend in 78702 shows prices have fallen 2.2% in the past 6 months. 2004 E 16th ST # B, Austin TX 78702 nearby adjusts to $722,768; a strong comparable. With 7 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