2940 E 14th ST, Austin TX 78702

My analysis of 7 comparable properties puts this home's estimated value at $532,708. Based on how the local market is moving, a list price between $240,000 and $250,000 would position this home well. This home's position in the current DIVISION market: the 2nd most expensive of 4 comparable homes on the market among comparable properties. At 22 years older than typical comps, the 1949 build date influences the valuation. With 4 similar homes currently listed in DIVISION (a buyer's market), competition is a factor to consider. The 6 month price trend in DIVISION: risen 20.1%. The best comp here is 1810 Sanchez ST, Austin TX 78702 at an adjusted value of $566,291, a strong comparable. With 7 comparable sales in DIVISION, 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