1115 W 7th ST # 101, Austin TX 78703

Based on 7 closed sales in GARDENS WEST CONDO AME, the data points to a value around $1,247,683 for this home. Given current inventory and recent sales, the sweet spot for listing this home is $1,223,000 to $1,273,000. This pricing would rank the home as the most expensive of 3 comparable homes on the market in GARDENS WEST CONDO AME's current inventory. Being built in 1999 (8 years older than comps) is factored into the value estimate. Lot size matters here: 0.04 acres versus 0.01 for the typical comp. There are currently 3 similar homes on the market in GARDENS WEST CONDO AME, ranging from $895,000 to $1,100,000. Market data shows 78703 prices fallen 4.6% over the last half year. The closest comparable sale, 800 W 5th ST # 1001, Austin TX 78703 at an adjusted $894,786, is a strong comparable. The strength of this estimate comes from 7 directly comparable sales in GARDENS WEST CONDO AME. This is strictly a numbers based opinion. Condition, upgrades, and layout can shift value in ways data cannot capture. Have questions? I'm always available. Ed Neuhaus, Neuhaus Realty Group