3202 E 16th, Austin TX 78721

The estimated value of this property is $452,929, based on 7 comparable sales within a mile. In today's market, I'd bring this home to market somewhere between $195,000 and $205,000. In the current MCKINLEY HEIGHTS market with 7 similar homes available, this price represents the 2nd least expensive of 7 comparable homes on the market. Built in 2003, this home is 23 years newer than the average comp, which is reflected in the adjustments. The 0.12 acre lot (smaller than the 0.17 acre average) is reflected in the estimate. The active market in MCKINLEY HEIGHTS includes 7 comparable homes priced from $200,000 to $799,000. Recent trends in MCKINLEY HEIGHTS show home values have fallen 60.3% since 6 months ago. The most comparable recent sale is 1615 Deloney ST, Austin TX 78721, with an adjusted value of $490,574; a strong comparable. With 7 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