310 Comal # 201, Austin TX 78702

After reviewing 3 recent transactions in PECK R, I estimate this property's value at $434,501. A competitive list price for this home right now would fall in the $352,000 to $362,000 range. This home's position in the current PECK R market: the 3rd most expensive of 7 comparable homes on the market among comparable properties. The smaller floor plan (129 sqft compared to the average comp) is a meaningful differentiator in this price range. The smaller lot (0.00 acres versus the area average of 0.08) contributes to the valuation. 7 similar homes are currently available in PECK R, creating a buyer's market for this price range. Prices in 78702 have fallen 6.5% over the last 6 months. A similar home at 2505 Sol Wilson Ave ST, Austin TX 78702 carries an adjusted comparable value of $539,244, providing a strong data point. With 3 comparable sales in PECK R, this estimate carries a reasonable degree of confidence. This estimate is based entirely on market data. An in person evaluation could refine it further. Ed Neuhaus, Broker/Owner, Neuhaus Realty Group