507 Sabine ST # 804, Austin TX 78701

The market data from 6 similar recent sales in SABINE points to a value of approximately $421,440. To sell within a reasonable timeframe at fair market value, the $424,000 to $439,000 range is where I'd position this. Against 6 similar active listings in SABINE, this price point lands at 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. In 78701, home values have fallen approximately 24.1% over the past 6 months. One of the strongest data points is 360 Nueces ST # 2703, Austin TX 78701, adjusting to $445,600; a strong comparable. The 6 comps used here provide a solid foundation for this valuation. Keep in mind, I have not personally inspected this property. The numbers are data driven, not firsthand. Questions about this property or this area? Reach out anytime. Ed Neuhaus, Neuhaus Realty Group