3005 Prado, Austin TX 78702

My analysis of 4 comparable properties puts this home's estimated value at $677,320. Based on how the local market is moving, a list price between $657,000 and $698,000 would position this home well. Buyers shopping in 78702 right now would see this as a well positioned option among 4 comparable homes. The larger lot (0.15 acres versus the area average of 0.11) contributes to the valuation. With 4 similar homes currently listed in 78702 (a buyer's market), competition is a factor to consider. The 6 month price trend in 78702: fallen 2.2%. The best comp here is 503 Allen ST # 503A, Austin TX 78702 at an adjusted value of $514,470, with a smaller floor plan. The comp data here (4 sales in 78702) gives us a clear read on this home's value. Important to note: this valuation is based on comparable sales data, not a physical inspection of the property. Curious about your home's value? Get a free estimate here. Ed Neuhaus