507 Sabine ST # 708, Austin TX 78701

The comparable sales data (6 recent transactions in SABINE) supports an estimated value of $570,480. The data suggests a list price between $420,000 and $430,000 would attract qualified buyers without leaving money on the table. Relative to what's currently available in SABINE, this home would be the most expensive of 7 comparable homes on the market. Current inventory shows 7 comparable homes in SABINE; a buyer's market based on recent absorption. Prices in 78701 have fallen 23.9% over the last 6 months. A similar home at 555 E 5th ST # 2801, Austin TX 78701 carries an adjusted comparable value of $583,756, providing a strong data point. The strength of this estimate comes from 6 directly comparable sales in SABINE. This is strictly a numbers based opinion. Condition, upgrades, and layout can shift value in ways data cannot capture. Have questions? I'm always available. Ed Neuhaus, Neuhaus Realty Group