2800 E 22nd ST, Austin TX 78722

The market data from 7 similar recent sales in TIN HEIGHTS points to a value of approximately $524,676. To sell within a reasonable timeframe at fair market value, the $343,000 to $353,000 range is where I'd position this. Against 7 similar active listings in TIN HEIGHTS, this price point lands at the most expensive of 7 comparable homes on the market. The 1924 construction puts this home 7 years older than the comp average, a factor in the pricing. At 0.46 acres, the lot is larger than the 0.15 acre comp average, which factors into pricing. Current inventory shows 7 comparable homes in TIN HEIGHTS; a balanced market based on recent absorption. In 78722, home values have fallen approximately 14.9% over the past 6 months. One of the strongest data points is 1909 E 14th ST, Austin TX 78702, adjusting to $710,272; a strong comparable. The 7 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