508 Allen ST, Austin TX 78702

Based on 7 closed sales in 78702, the data points to a value around $467,852 for this home. Given current inventory and recent sales, the sweet spot for listing this home is $388,000 to $398,000. This would position the home competitively among 5 active listings in 78702. The smaller floor plan (779 sqft compared to the average comp) is a meaningful differentiator in this price range. Being built in 1937 (61 years older than comps) is factored into the value estimate. 5 similar homes are currently available in 78702, creating a buyer's market for this price range. Market data shows 78702 prices fallen 2.2% over the last half year. The closest comparable sale, 2507 Diaz ST, Austin TX 78702 at an adjusted $372,870, is with a smaller floor plan. This estimate draws on 7 comparable sales, offering a reliable picture of market value. That said, this is a data only estimate. A walkthrough could change the picture. Want a detailed analysis for a home you're considering? I'm happy to help. Ed Neuhaus