6502 Porter ST, Austin TX 78741

Reviewing the most recent comparable transactions, this home's market value falls around $261,515. For a well positioned listing in PORTER, I'd target the $108,000 to $118,000 range. In the current PORTER market with 4 similar homes available, this price represents the most expensive of 4 comparable homes on the market. This home's smaller footprint (803 sqft vs the comp average) plays a role in how the market prices it. The 1949 construction puts this home 38 years older than the comp average, a factor in the pricing. Buyers in PORTER have 4 comparable options right now, with asking prices between $109,000 and $198,000. Recent trends in PORTER show home values have fallen 37.9% since 6 months ago. The most comparable recent sale is 6500 Porter ST # 1, Austin TX 78741, with an adjusted value of $363,825; with a larger floor plan. 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