Taking into account 6 nearby comparable sales, this property's estimated value comes to $334,500. If we were to list this property today, I'd recommend a list price in the $253,000 to $263,000 range. This would position the home competitively among 4 active listings in ALICANTE CONDO TWNHMS. Being 102 sqft larger than the average comparable sale in this area impacts the per square foot value. A pool adds market appeal. Only 6 minus 6 of the comps had one. Buyers in ALICANTE CONDO TWNHMS have 4 comparable options right now, with asking prices between $235,000 and $329,000. The 6 month price trend in ALICANTE CONDO TWNHMS: fallen 27.4%. The best comp here is 11203 Ranch Road 2222 # 1406, Austin TX 78730 at an adjusted value of $313,212, with a smaller floor plan and no pool. The strength of this estimate comes from 6 directly comparable sales in ALICANTE CONDO TWNHMS. 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