1122 COLORADO # 1603, Austin TX 78701

Based on 7 closed sales in WESTGATE CONDOMINIUM THE AME, the data points to a value around $311,797 for this home. Given current inventory and recent sales, the sweet spot for listing this home is $399,000 to $402,000. Relative to what's currently available in WESTGATE CONDOMINIUM THE AME, this home would be the most affordable of 3 comparable homes on the market. Being 391 sqft smaller than the average comparable sale in this area impacts the per square foot value. There are currently 3 similar homes on the market in WESTGATE CONDOMINIUM THE AME, ranging from $430,500 to $534,000. Market data shows 78701 prices fallen 21.3% over the last half year. The closest comparable sale, 311 W 5TH ST # 703, Austin TX 78701 at an adjusted $402,480, is with a larger floor plan. The strength of this estimate comes from 7 directly comparable sales in WESTGATE CONDOMINIUM THE 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