302 Vale ST, Austin TX 78746

Based on 7 closed sales in 78746, the data points to a value around $2,308,782 for this home. Given current inventory and recent sales, the sweet spot for listing this home is $2,828,000 to $3,304,000. This home's position in the current 78746 market: the most affordable of 7 comparable homes on the market among comparable properties. Being 116 sqft larger than the average comparable sale in this area impacts the per square foot value. Being built in 1954 (33 years older than comps) is factored into the value estimate. Current inventory shows 7 comparable homes in 78746; a buyer's market based on recent absorption. Market data shows 78746 prices risen 1.7% over the last half year. The closest comparable sale, 3219 Park Hills DR, Austin TX 78746 at an adjusted $2,097,875, is a strong comparable. The strength of this estimate comes from 7 directly comparable sales in 78746. This is strictly a numbers based opinion. Condition, upgrades, and layout can shift value in ways data cannot capture. Have questions? I'm always available. Ed Neuhaus, Neuhaus Realty Group