2811 E 4TH ST, Austin TX 78702

After adjusting 7 comparable sales for differences in size, age, and features, this home's estimated value is $885,836. Pricing this home between $1,206,000 and $1,256,000 would put it in the competitive sweet spot for DOWELL JOHN. This pricing would rank the home as the 2nd least expensive of 6 comparable homes on the market in DOWELL JOHN's current inventory. The larger floor plan (307 sqft compared to the average comp) is a meaningful differentiator in this price range. The smaller lot (0.07 acres versus the area average of 0.14) contributes to the valuation. Current inventory shows 6 comparable homes in DOWELL JOHN; a buyer's market based on recent absorption. Market data shows 78702 prices fallen 2.2% over the last half year. The closest comparable sale, 610 Allen ST # 1, Austin TX 78702 at an adjusted $1,072,514, is with a smaller floor plan. With 7 comparable sales in DOWELL JOHN, this estimate carries a reasonable degree of confidence. This estimate is based entirely on market data. An in person evaluation could refine it further. Ed Neuhaus, Broker/Owner, Neuhaus Realty Group