48 E East Ave # 2508, Austin TX 78701

The market data from 4 similar recent sales in 48 EAST CONDOS points to a value of approximately $471,538. To sell within a reasonable timeframe at fair market value, the $679,000 to $686,000 range is where I'd position this. With 7 comparable homes on the market in 48 EAST CONDOS, this price positions the property as the most affordable of 7 comparable homes on the market. At 0.00 acres, the lot is smaller than the 0.11 acre comp average, which factors into pricing. Buyers in 48 EAST CONDOS have 7 comparable options right now, with asking prices between $519,900 and $765,000. In 78701, home values have fallen approximately 24.1% over the past 6 months. One of the strongest data points is 800 Embassy DR # 233, Austin TX 78702, adjusting to $368,506; a strong comparable. 4 comparable transactions in 48 EAST CONDOS support the reliability of this estimate. As always, a data based estimate has its limits. Seeing the home in person is the best way to confirm value. Ed Neuhaus, Broker/Owner | Neuhaus Realty Group