1122 Colorado ST # 1203, Austin TX 78701

The comparable sales data (7 recent transactions in WESTGATE CONDO) supports an estimated value of $442,072. The data suggests a list price between $290,000 and $300,000 would attract qualified buyers without leaving money on the table. This pricing would rank the home as below the only comparable home currently on the market in WESTGATE CONDO's current inventory. The smaller floor plan (645 sqft compared to the average comp) is a meaningful differentiator in this price range. Being built in 1965 (6 years older than comps) is factored into the value estimate. Right now, 1 similar properties are competing for buyers in WESTGATE CONDO, listed between $299,999 and $299,999. Prices in 78701 have fallen 25.6% over the last 6 months. A similar home at 1122 Colorado ST # 1209, Austin TX 78701 carries an adjusted comparable value of $386,750, providing a strong data point. The strength of this estimate comes from 7 directly comparable sales in WESTGATE CONDO. 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