1006 Muse DR # 13, Austin TX 78702

After reviewing 7 recent transactions in ORCHARD CONDOMINIUM, I estimate this property's value at $725,895. A competitive list price for this home right now would fall in the $482,000 to $492,000 range. Relative to what's currently available in ORCHARD CONDOMINIUM, this home would be the 3rd least expensive of 7 comparable homes on the market. The larger lot (2.28 acres versus the area average of 0.12) contributes to the valuation. With 7 similar homes currently listed in ORCHARD CONDOMINIUM (a buyer's market), competition is a factor to consider. Prices in 78702 have fallen 10.3% over the last 6 months. A similar home at 1010 Muse LN # 15, Austin TX 78702 carries an adjusted comparable value of $554,400, providing a strong data point. With 7 comparable sales in ORCHARD CONDOMINIUM, this estimate carries a reasonable degree of confidence. This estimate is based entirely on market data. An in person evaluation could refine it further. Ed Neuhaus, Broker/Owner, Neuhaus Realty Group