48 East Ave # 3207, Austin TX 78701

My analysis of 3 comparable properties puts this home's estimated value at $516,218. Based on how the local market is moving, a list price between $501,000 and $532,000 would position this home well. This pricing would rank the home as the 2nd least expensive of 5 comparable homes on the market in NATIVO's current inventory. At 5 years newer than typical comps, the 2021 build date influences the valuation. The smaller lot (0.00 acres versus the area average of 0.10) contributes to the valuation. The active market in NATIVO includes 5 comparable homes priced from $520,000 to $669,566. The 6 month price trend in 78701: fallen 13.3%. The best comp here is 501 West Ave # 1106, Austin TX 78701 at an adjusted value of $489,905, a strong comparable. The comp data here (3 sales in NATIVO) 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