802 47 STREET E, Austin TX 78751

Reviewing the most recent comparable transactions, this home's market value falls around $1,037,550. For a well positioned listing in 78751, I'd target the $804,000 to $814,000 range. In the current 78751 market with 5 similar homes available, this price represents the 2nd most expensive of 5 comparable homes on the market. The 146 sqft size difference versus comparable sales is reflected in the adjusted values. At 0.00 acres, the lot is smaller than the 0.15 acre comp average, which factors into pricing. Current inventory shows 5 comparable homes in 78751; a buyer's market based on recent absorption. Recent trends in 78751 show home values have fallen 13.9% since 6 months ago. The most comparable recent sale is 606 E 42nd ST, Austin TX 78751, with an adjusted value of $1,432,108; a strong comparable. 6 comparable transactions in 78751 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