Based on 7 closed sales in GARDENS WEST CONDO AME, the data points to a value around $1,115,381 for this home. Given current inventory and recent sales, the sweet spot for listing this home is $844,000 to $854,000. This pricing would rank the home as the 4th most expensive of 7 comparable homes on the market in GARDENS WEST CONDO AME's current inventory. The larger floor plan (108 sqft compared to the average comp) is a meaningful differentiator in this price range. Being built in 1999 (11 years older than comps) is factored into the value estimate. There are currently 7 similar homes on the market in GARDENS WEST CONDO AME, ranging from $850,000 to $1,625,000. Market data shows 78703 prices fallen 9.8% over the last half year. The closest comparable sale, 800 W 5th ST # 705, Austin TX 78703 at an adjusted $804,629, 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