3405 Charles ST, Austin TX 78702

The market data from 7 similar recent sales in 78702 points to a value of approximately $424,844. To sell within a reasonable timeframe at fair market value, the $412,000 to $438,000 range is where I'd position this. Against 7 similar active listings in 78702, this price point lands at the 2nd least expensive of 7 comparable homes on the market. The 1967 construction puts this home 18 years older than the comp average, a factor in the pricing. Right now, 7 similar properties are competing for buyers in 78702, listed between $389,999 and $644,999. In 78702, home values have fallen approximately 9% over the past 6 months. One of the strongest data points is 1105 Brookswood Ave, Austin TX 78721, adjusting to $388,272; 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