2921 E 13th ST, Austin TX 78702

Reviewing the most recent comparable transactions, this home's market value falls around $349,425. For a well positioned listing in ULIT, I'd target the $438,000 to $444,000 range. With 4 comparable homes on the market in ULIT, this price positions the property as the most affordable of 4 comparable homes on the market. The smaller floor plan (109 sqft compared to the average comp) is a meaningful differentiator in this price range. The 1930 construction puts this home 20 years older than the comp average, a factor in the pricing. The active market in ULIT includes 4 comparable homes priced from $379,999 to $899,000. Recent trends in 78702 show home values have fallen 2.2% since 6 months ago. The most comparable recent sale is 2507 Diaz ST, Austin TX 78702, with an adjusted value of $326,212; 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