902 E 7th ST, Austin TX 78702

The estimated value of this property is $488,526, based on 7 comparable sales within a mile. In today's market, I'd bring this home to market somewhere between $292,000 and $302,000. Against 7 similar active listings in ROBERTSON S & L M SOUTH PT, this price point lands at the 4th most expensive of 7 comparable homes on the market. Built in 1970, this home is 13 years older than the average comp, which is reflected in the adjustments. The 0.14 acre lot (larger than the 0.06 acre average) is reflected in the estimate. With 7 similar homes currently listed in ROBERTSON S & L M SOUTH PT (a buyer's market), competition is a factor to consider. Recent trends in 78702 show home values have fallen 2.2% since 6 months ago. The most comparable recent sale is 66 Anthony ST, Austin TX 78702, with an adjusted value of $647,577; a strong comparable. With 7 solid comps to draw from, the data tells a consistent story. Of course, without seeing the property in person, this is a data based estimate only. Ed Neuhaus, Neuhaus Realty Group