2900 Mecca RD, Austin TX 78733

The market data from 7 similar recent sales in 78733 points to a value of approximately $602,526. To sell within a reasonable timeframe at fair market value, the $502,000 to $512,000 range is where I'd position this. Against 2 similar active listings in 78733, this price point lands at the most expensive of 2 comparable homes on the market. At 243 sqft smaller than the typical comp, the size difference factors into the valuation. The 1965 construction puts this home 9 years older than the comp average, a factor in the pricing. With 2 similar homes currently listed in 78733 (a buyer's market), competition is a factor to consider. In 78733, home values have fallen approximately 12.3% over the past 6 months. One of the strongest data points is 2802 San Juan DR, Austin TX 78733, adjusting to $696,498; 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