Looking at what buyers have actually paid for similar homes nearby, this property comes in at approximately $223,573. To generate strong buyer interest while maximizing value, I'd price this between $240,000 and $251,000. In the current ESCALA/SAN GABRIEL CONDOS market with 0 similar homes available, this price represents no active comparable homes on the market. At 183 sqft smaller than the typical comp, the size difference factors into the valuation. The 1973 construction puts this home 7 years older than the comp average, a factor in the pricing. The trend in 78705 shows prices have fallen 11.7% in the past 6 months. 908 Poplar ST # 205, Austin TX 78705 nearby adjusts to $178,909; with a larger floor plan. 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