1122 COLORADO # 2208, Austin TX 78701

Based on 3 closed sales in 78701, the data points to a value around $257,582 for this home. Given current inventory and recent sales, the sweet spot for listing this home is $310,000 to $386,000. This home's position in the current 78701 market: the most affordable of 7 comparable homes on the market among comparable properties. The active market in 78701 includes 7 comparable homes priced from $280,000 to $534,000. Market data shows 78701 prices fallen 24.1% over the last half year. The closest comparable sale, 1510 W 6th ST # 111, Austin TX 78703 at an adjusted $292,377, is a strong comparable. This estimate draws on 3 comparable sales, offering a reliable picture of market value. That said, this is a data only estimate. A walkthrough could change the picture. Want a detailed analysis for a home you're considering? I'm happy to help. Ed Neuhaus