The market data from 4 similar recent sales in BELLA TERRA CONDO points to a value of approximately $266,181. To sell within a reasonable timeframe at fair market value, the $286,000 to $339,000 range is where I'd position this. Against 3 similar active listings in BELLA TERRA CONDO, this price point lands at the most affordable of 3 comparable homes on the market. This home's smaller footprint (164 sqft vs the comp average) plays a role in how the market prices it. Right now, 3 similar properties are competing for buyers in BELLA TERRA CONDO, listed between $285,000 and $359,000. In 78753, home values have fallen approximately 0.2% over the past 6 months. One of the strongest data points is 1101 E Parmer LN # 309, Austin TX 78753, adjusting to $235,435; a strong comparable. The 4 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