3012 E 14 1/2 ST # B, Austin TX 78702

The market data from 7 similar recent sales in MCKINLEY HEIGHTS points to a value of approximately $540,147. To sell within a reasonable timeframe at fair market value, the $216,000 to $226,000 range is where I'd position this. With 7 comparable homes on the market in MCKINLEY HEIGHTS, this price positions the property as the most expensive of 7 comparable homes on the market. At 177 sqft smaller than the typical comp, the size difference factors into the valuation. The 2018 construction puts this home 29 years newer than the comp average, a factor in the pricing. With 7 similar homes currently listed in MCKINLEY HEIGHTS (a buyer's market), competition is a factor to consider. In MCKINLEY HEIGHTS, home values have fallen approximately 26.4% over the past 6 months. One of the strongest data points is 2107 Maple Ave # B, Austin TX 78722, adjusting to $488,869; 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