2800 Cole ST # C213, Austin TX 78705

Reviewing the most recent comparable transactions, this home's market value falls around $854,935. For a well positioned listing in BUNGALOWS, I'd target the $838,000 to $872,000 range. In the current BUNGALOWS market with 3 similar homes available, this price represents the most expensive of 3 comparable homes on the market. Being 493 sqft smaller than the average comparable sale in this area impacts the per square foot value. At 0.41 acres, the lot is larger than the 0.15 acre comp average, which factors into pricing. With 3 similar homes currently listed in BUNGALOWS (a buyer's market), competition is a factor to consider. Recent trends in 78705 show home values have risen 4.8% since 6 months ago. The most comparable recent sale is 712 Harris Ave # 1, Austin TX 78705, with an adjusted value of $682,597; with a larger floor plan. 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