502 W 13th ST, Austin TX 78701

The estimated value of this property is $3,962,143, based on 4 comparable sales within a mile. In today's market, I'd bring this home to market somewhere between $2,792,000 and $2,802,000. At this price, the property would be the most expensive of 3 comparable homes on the market comparable homes currently on the market in 78701. Being 814 sqft larger than the average comparable sale in this area impacts the per square foot value. Built in 1883, this home is 109 years older than the average comp, which is reflected in the adjustments. The active market in 78701 includes 3 comparable homes priced from $2,600,000 to $5,536,500. Recent trends in 78701 show home values have fallen 23.9% since 6 months ago. The most comparable recent sale is 98 San Jacinto BLVD # 2401, Austin TX 78701, with an adjusted value of $5,978,940; with a smaller floor plan. With 4 solid comps to draw from, the data tells a consistent story. Of course, without seeing the property in person, this is a data based estimate only. Ed Neuhaus, Neuhaus Realty Group