603 Davis ST # 1502, Austin TX 78701

Taking into account 6 nearby comparable sales, this property's estimated value comes to $1,506,509. If we were to list this property today, I'd recommend a list price in the $604,000 to $614,000 range. This home's position in the current 78701 market: the most expensive of 4 comparable homes on the market among comparable properties. The larger floor plan (135 sqft compared to the average comp) is a meaningful differentiator in this price range. Buyers in 78701 have 4 comparable options right now, with asking prices between $539,000 and $2,295,000. The 6 month price trend in 78701: fallen 24.1%. The best comp here is 98 San Jacinto BLVD # 1701, Austin TX 78701 at an adjusted value of $2,602,512, a strong comparable. The strength of this estimate comes from 6 directly comparable sales in 78701. This is strictly a numbers based opinion. Condition, upgrades, and layout can shift value in ways data cannot capture. Have questions? I'm always available. Ed Neuhaus, Neuhaus Realty Group