507 Sabine ST # 504, Austin TX 78701

Reviewing the most recent comparable transactions, this home's market value falls around $421,440. For a well positioned listing in SABINE, I'd target the $424,000 to $439,000 range. In the current SABINE market with 6 similar homes available, this price represents the 3rd most expensive of 6 comparable homes on the market. With 6 similar homes currently listed in SABINE (a buyer's market), competition is a factor to consider. Recent trends in 78701 show home values have fallen 24.1% since 6 months ago. The most comparable recent sale is 360 Nueces ST # 2703, Austin TX 78701, with an adjusted value of $445,600; a strong comparable. 6 comparable transactions in SABINE 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