48 E East Ave # 2403, Austin TX 78701

The estimated value of this property is $357,092, based on 7 comparable sales within a mile. In today's market, I'd bring this home to market somewhere between $486,000 and $498,000. At this price, the property would be the 2nd least expensive of 7 comparable homes on the market comparable homes currently on the market in NATIIVO. The 0.00 acre lot (smaller than the 0.17 acre average) is reflected in the estimate. Current inventory shows 7 comparable homes in NATIIVO; a buyer's market based on recent absorption. Recent trends in NATIIVO show home values have fallen 53% since 6 months ago. The most comparable recent sale is 505 W 7th ST # 108, Austin TX 78701, with an adjusted value of $272,379; a strong comparable. Based on 7 relevant data points in NATIIVO, I'm comfortable with this estimate. Without stepping inside, I can only go by what the data shows. An in person look would tell the full story. Ed Neuhaus, Neuhaus Realty Group | Austin, TX