3011 E Martin Luther King Jr. BLVD # 2, Austin TX 78702

The market data from 3 similar recent sales in MCKINLEY HEIGHTS points to a value of approximately $468,995. To sell within a reasonable timeframe at fair market value, the $470,000 to $487,000 range is where I'd position this. Against 7 similar active listings in MCKINLEY HEIGHTS, this price point lands at the 2nd most expensive of 7 comparable homes on the market. The 2019 construction puts this home 6 years older than the comp average, a factor in the pricing. 7 similar homes are currently available in MCKINLEY HEIGHTS, creating a buyer's market for this price range. In MCKINLEY HEIGHTS, home values have fallen approximately 52% over the past 6 months. One of the strongest data points is 1407 Cedar Ave # 3, Austin TX 78702, adjusting to $470,405; a strong comparable. 3 comparable transactions in MCKINLEY HEIGHTS support the reliability of this estimate. As always, a data based estimate has its limits. Seeing the home in person is the best way to confirm value. Ed Neuhaus, Broker/Owner | Neuhaus Realty Group