86 Llano ST # B, Austin TX 78702

Based on what similar homes have actually sold for within half a mile, I'd place this property's value at $471,118. I'd recommend coming to market at $520,000 to $595,000 to strike the right balance between value and market velocity. At this price, the property would be the 2nd most expensive of 3 comparable homes on the market comparable homes currently on the market in 78702. Being 709 sqft smaller than the average comparable sale in this area impacts the per square foot value. Built in 1934, this home is 64 years older than the average comp, which is reflected in the adjustments. Right now, 3 similar properties are competing for buyers in 78702, listed between $385,000 and $500,000. The trend in 78702 shows prices have fallen 2.2% in the past 6 months. 2507 Diaz ST, Austin TX 78702 nearby adjusts to $366,487; with a smaller floor plan. Based on 7 relevant data points in 78702, I'm comfortable with this estimate. Without stepping inside, I can only go by what the data shows. An in person look would tell the full story. Ed Neuhaus, Neuhaus Realty Group | Austin, TX