900 E 6th ST # 304, Austin TX 78702

Based on 7 closed sales in 78702, the data points to a value around $568,506 for this home. Given current inventory and recent sales, the sweet spot for listing this home is $220,000 to $230,000. Buyers shopping in 78702 right now would see this as a well positioned option among 7 comparable homes. At 880 sqft smaller than the typical comp, the size difference factors into the valuation. Being built in 2007 (10 years newer than comps) is factored into the value estimate. With 7 similar homes currently listed in 78702 (a buyer's market), competition is a factor to consider. Market data shows 78702 prices fallen 2.2% over the last half year. The closest comparable sale, 2507 Diaz ST, Austin TX 78702 at an adjusted $422,230, is a strong comparable. The strength of this estimate comes from 7 directly comparable sales in 78702. This is strictly a numbers based opinion. Condition, upgrades, and layout can shift value in ways data cannot capture. Have questions? I'm always available. Ed Neuhaus, Neuhaus Realty Group