The estimated value of this property is $416,951, based on 6 comparable sales within a mile. In today's market, I'd bring this home to market somewhere between $409,000 and $425,000. At this price, the property would be the most affordable of 2 comparable homes on the market comparable homes currently on the market in LIBERTY PARK CONDO. The 151 sqft size difference versus comparable sales is reflected in the adjusted values. Built in 1996, this home is 15 years newer than the average comp, which is reflected in the adjustments. Right now, 2 similar properties are competing for buyers in LIBERTY PARK CONDO, listed between $675,000 and $759,000. Recent trends in 78746 show home values have fallen 11.1% since 6 months ago. The most comparable recent sale is 1707 Spyglass DR # 51, Austin TX 78746, with an adjusted value of $446,943; a strong comparable. With 6 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