After reviewing 4 recent transactions in COURTYARD HOMES ANDERSON OAKS CONDO, I estimate this property's value at $285,344. A competitive list price for this home right now would fall in the $390,000 to $397,000 range. Relative to what's currently available in COURTYARD HOMES ANDERSON OAKS CONDO, this home would be the most affordable of 7 comparable homes on the market. The smaller floor plan (118 sqft compared to the average comp) is a meaningful differentiator in this price range. The smaller lot (0.00 acres versus the area average of 0.12) contributes to the valuation. 7 similar homes are currently available in COURTYARD HOMES ANDERSON OAKS CONDO, creating a buyer's market for this price range. Prices in COURTYARD HOMES ANDERSON OAKS CONDO have risen 2.9% over the last 6 months. A similar home at 11000 Anderson Mill RD # 52, Austin TX 78750 carries an adjusted comparable value of $242,019, providing a strong data point. With 4 comparable sales in COURTYARD HOMES ANDERSON OAKS CONDO, 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
