2800 Cole ST # C213, Austin TX 78705

Reviewing the most recent comparable transactions, this home's market value falls around $276,979. For a well positioned listing in BUNGALOWS, I'd target the $229,000 to $239,000 range. In the current BUNGALOWS market with 7 similar homes available, this price represents the 3rd least expensive of 7 comparable homes on the market. At 0.41 acres, the lot is larger than the 0.02 acre comp average, which factors into pricing. With 7 similar homes currently listed in BUNGALOWS (a buyer's market), competition is a factor to consider. Recent trends in 78705 show home values have fallen 15.3% since 6 months ago. The most comparable recent sale is 3016 Guadalupe ST # 307, Austin TX 78705, with an adjusted value of $265,020; 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