407 W 55 1/2 ST # 2, Austin TX 78751

My analysis of 7 comparable properties puts this home's estimated value at $543,737. Based on how the local market is moving, a list price between $596,000 and $709,000 would position this home well. This would position the home competitively among 3 active listings in 407 W /2 STREET CONDOS. At 11 years newer than typical comps, the 2020 build date influences the valuation. The smaller lot (0.06 acres versus the area average of 0.10) contributes to the valuation. The active market in 407 W /2 STREET CONDOS includes 3 comparable homes priced from $525,000 to $780,000. The 6 month price trend in 78751: fallen 14.6%. The best comp here is 5507 Duval ST # B, Austin TX 78751 at an adjusted value of $568,011, a strong comparable. The comp data here (7 sales in 407 W /2 STREET CONDOS) gives us a clear read on this home's value. Important to note: this valuation is based on comparable sales data, not a physical inspection of the property. Curious about your home's value? Get a free estimate here. Ed Neuhaus