Reviewing the most recent comparable transactions, this home's market value falls around $293,757. For a well positioned listing in GREENS ONION CREEK CONDO, I'd target the $296,000 to $315,000 range. With 5 comparable homes on the market in GREENS ONION CREEK CONDO, this price positions the property as the 2nd least expensive of 5 comparable homes on the market. At 411 sqft smaller than the typical comp, the size difference factors into the valuation. The 1983 construction puts this home 17 years older than the comp average, a factor in the pricing. The active market in GREENS ONION CREEK CONDO includes 5 comparable homes priced from $274,990 to $364,900. Recent trends in 78747 show home values have fallen 12% since 6 months ago. The most comparable recent sale is 2304 Melissa Oaks LN, Austin TX 78744, with an adjusted value of $251,483; 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