4501 S 2nd ST, Austin TX 78745

Looking at what buyers have actually paid for similar homes nearby, this property comes in at approximately $492,210. To generate strong buyer interest while maximizing value, I'd price this between $362,000 and $372,000. In the current HARTKOPF market with 4 similar homes available, this price represents the most expensive of 4 comparable homes on the market. Being 213 sqft larger than the average comparable sale in this area impacts the per square foot value. The 1953 construction puts this home 7 years older than the comp average, a factor in the pricing. 4 similar homes are currently available in HARTKOPF, creating a buyer's market for this price range. The trend in 78745 shows prices have fallen 5.2% in the past 6 months. 407 Philco DR, Austin TX 78745 nearby adjusts to $552,759; a strong comparable. The 4 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