48 East Ave # 1004, Austin TX 78701

The market data from 7 similar recent sales in 78701 points to a value of approximately $877,667. To sell within a reasonable timeframe at fair market value, the $996,000 to $1,052,000 range is where I'd position this. In the current 78701 market with 7 similar homes available, this price represents the 4th most expensive of 7 comparable homes on the market. Current inventory shows 7 comparable homes in 78701; a buyer's market based on recent absorption. In 78701, home values have fallen approximately 26.2% over the past 6 months. One of the strongest data points is 44 East Ave # 2907, Austin TX 78701, adjusting to $830,141; a strong comparable. The 7 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