507 Sabine ST # 902, Austin TX 78701

The market data from 7 similar recent sales in 78701 points to a value of approximately $438,468. To sell within a reasonable timeframe at fair market value, the $454,000 to $459,000 range is where I'd position this. With 7 comparable homes on the market in 78701, this price positions the property as the 3rd most expensive of 7 comparable homes on the market. 7 similar homes are currently available in 78701, creating a buyer's market for this price range. In 78701, home values have fallen approximately 24.1% over the past 6 months. One of the strongest data points is 360 Nueces ST # 2506, Austin TX 78701, adjusting to $387,154; a strong comparable. 7 comparable transactions in 78701 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