82 San Marcos ST, Austin TX 78702

The market data from 7 similar recent sales in M K & points to a value of approximately $944,918. To sell within a reasonable timeframe at fair market value, the $926,000 to $964,000 range is where I'd position this. With 7 comparable homes on the market in M K &, this price positions the property as the 2nd most expensive of 7 comparable homes on the market. This home's larger footprint (208 sqft vs the comp average) plays a role in how the market prices it. The 1934 construction puts this home 40 years older than the comp average, a factor in the pricing. Current inventory shows 7 comparable homes in M K &; a buyer's market based on recent absorption. In 78702, home values have risen approximately 1.5% over the past 6 months. One of the strongest data points is 1114 E 3rd ST # 1, Austin TX 78702, adjusting to $710,531; a strong comparable. 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