3008 E 16th ST, Austin TX 78702

3 recent sales within a mile of this address suggest a current value of $583,991. My recommended list price range for this property would be $237,000 to $247,000. With 7 comparable homes on the market in MCKINLEY HEIGHTS, this price positions the property as the 2nd least expensive of 7 comparable homes on the market. This home's larger footprint (185 sqft vs the comp average) plays a role in how the market prices it. Built in 1946, this home is 5 years older than the average comp, which is reflected in the adjustments. The active market in MCKINLEY HEIGHTS includes 7 comparable homes priced from $200,000 to $775,000. In MCKINLEY HEIGHTS, home values have fallen approximately 60.3% over the past 6 months. One of the strongest data points is 1704 Singleton Ave, Austin TX 78702, adjusting to $564,829; with a larger floor plan. With 3 solid comps to draw from, the data tells a consistent story. Of course, without seeing the property in person, this is a data based estimate only. Ed Neuhaus, Neuhaus Realty Group