720 Pedernales ST # B, Austin TX 78702

Reviewing the most recent comparable transactions, this home's market value falls around $482,109. For a well positioned listing in LINCOLN PLACE, I'd target the $374,000 to $384,000 range. In the current LINCOLN PLACE market with 7 similar homes available, this price represents the most expensive of 7 comparable homes on the market. The 2015 construction puts this home 24 years newer than the comp average, a factor in the pricing. Current inventory shows 7 comparable homes in LINCOLN PLACE; a buyer's market based on recent absorption. Recent trends in 78702 show home values have fallen 2.2% since 6 months ago. The most comparable recent sale is 720 Pedernales ST # B, Austin TX 78702, with an adjusted value of $455,000; a strong comparable. 7 comparable transactions in LINCOLN PLACE support the reliability of this estimate. As always, a data based estimate has its limits. Seeing the home in person is the best way to confirm value. Ed Neuhaus, Broker/Owner | Neuhaus Realty Group