My analysis of 7 comparable properties puts this home's estimated value at $944,663. Based on how the local market is moving, a list price between $450,000 and $460,000 would position this home well. This would position the home competitively among 7 active listings in SPRINGS CONDO THE. The 331 sqft size difference versus comparable sales is reflected in the adjusted values. At 5 years older than typical comps, the 1971 build date influences the valuation. With 7 similar homes currently listed in SPRINGS CONDO THE (a buyer's market), competition is a factor to consider. The 6 month price trend in 78704: fallen 3.8%. The best comp here is 2603 Deerfoot TRL, Austin TX 78704 at an adjusted value of $1,259,604, with a larger floor plan. The comp data here (7 sales in SPRINGS CONDO THE) gives us a clear read on this home's value. Important to note: this valuation is based on comparable sales data, not a physical inspection of the property.
Curious about your home's value? Get a free estimate here. Ed Neuhaus