6502 Porter ST, Austin TX 78741

Reviewing the most recent comparable transactions, this home's market value falls around $248,837. For a well positioned listing in PORTER, I'd target the $119,000 to $129,000 range. In the current PORTER market with 6 similar homes available, this price represents the most expensive of 6 comparable homes on the market. This home's smaller footprint (680 sqft vs the comp average) plays a role in how the market prices it. The 1949 construction puts this home 17 years older than the comp average, a factor in the pricing. Buyers in PORTER have 6 comparable options right now, with asking prices between $114,900 and $198,000. Recent trends in 78741 show home values have fallen 3.9% since 6 months ago. The most comparable recent sale is 911 Valdez ST, Austin TX 78741, with an adjusted value of $329,976; 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