402 El Paso ST, Austin TX 78704

My analysis of 7 comparable properties puts this home's estimated value at $573,559. Based on how the local market is moving, a list price between $141,000 and $151,000 would position this home well. This pricing would rank the home as the most expensive of 4 comparable homes on the market in HUNTER's current inventory. At 944 sqft smaller than the typical comp, the size difference factors into the valuation. At 16 years older than typical comps, the 1946 build date influences the valuation. With 4 similar homes currently listed in HUNTER (a buyer's market), competition is a factor to consider. The 6 month price trend in 78704: fallen 4.6%. The best comp here is 405 El Paso ST, Austin TX 78704 at an adjusted value of $522,527, with a larger floor plan. With 7 comparable sales in HUNTER, 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