601 Brushy ST # 201, Austin TX 78702

The market data from 7 similar recent sales in SIXTH & BRUSHY points to a value of approximately $410,312. To sell within a reasonable timeframe at fair market value, the $310,000 to $320,000 range is where I'd position this. In the current SIXTH & BRUSHY market with 5 similar homes available, this price represents the most expensive of 5 comparable homes on the market. This home's smaller footprint (154 sqft vs the comp average) plays a role in how the market prices it. The 2006 construction puts this home 7 years newer than the comp average, a factor in the pricing. 5 similar homes are currently available in SIXTH & BRUSHY, creating a buyer's market for this price range. In 78702, home values have fallen approximately 2.2% over the past 6 months. One of the strongest data points is 601 E Brushy ST # 204, Austin TX 78702, adjusting to $299,001; a strong comparable. The 7 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