507 Sabine ST # 1007, Austin TX 78701

After adjusting 3 comparable sales for differences in size, age, and features, this home's estimated value is $874,350. Pricing this home between $617,000 and $627,000 would put it in the competitive sweet spot for SABINE. Buyers shopping in SABINE right now would see this as a well positioned option among 6 comparable homes. The 131 sqft size difference versus comparable sales is reflected in the adjusted values. The smaller lot (0.01 acres versus the area average of 0.05) contributes to the valuation. Right now, 6 similar properties are competing for buyers in SABINE, listed between $549,500 and $995,000. Market data shows 78701 prices fallen 11% over the last half year. The closest comparable sale, 603 Davis ST # 2011, Austin TX 78701 at an adjusted $744,277, is with a smaller floor plan. The comp data here (3 sales in SABINE) 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