502 W 51st ST # B, Austin TX 78751

My analysis of 7 comparable properties puts this home's estimated value at $557,390. Based on how the local market is moving, a list price between $541,000 and $574,000 would position this home well. Relative to what's currently available in 500 & WEST T STREET CON, this home would be the most affordable of 7 comparable homes on the market. This home's larger footprint (289 sqft vs the comp average) plays a role in how the market prices it. At 20 years newer than typical comps, the 2013 build date influences the valuation. Right now, 7 similar properties are competing for buyers in 500 & WEST T STREET CON, listed between $649,000 and $749,500. The 6 month price trend in 78751: fallen 16%. The best comp here is 4716 Caswell Ave # B, Austin TX 78751 at an adjusted value of $632,700, with a smaller floor plan. The comp data here (7 sales in 500 & WEST T STREET CON) 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