2807 E 4th ST # A, Austin TX 78702

The estimated value of this property is $664,965, based on 7 comparable sales within half a mile. In today's market, I'd bring this home to market somewhere between $746,000 and $842,000. With 3 comparable homes on the market in DOWELL JOHN, this price positions the property as the most affordable of 3 comparable homes on the market. Being 271 sqft smaller than the average comparable sale in this area impacts the per square foot value. Built in 2017, this home is 8 years newer than the average comp, which is reflected in the adjustments. Current inventory shows 3 comparable homes in DOWELL JOHN; a buyer's market based on recent absorption. Recent trends in 78702 show home values have fallen 5.9% since 6 months ago. The most comparable recent sale is 505 Tillery ST # 6, Austin TX 78702, with an adjusted value of $534,568; a strong comparable. Based on 7 relevant data points in DOWELL JOHN, I'm comfortable with this estimate. Without stepping inside, I can only go by what the data shows. An in person look would tell the full story. Ed Neuhaus, Neuhaus Realty Group | Austin, TX