1122 Colorado ST # 1509, Austin TX 78701

Based on what similar homes have actually sold for within half a mile, I'd place this property's value at $447,905. I'd recommend coming to market at $686,000 to $894,000 to strike the right balance between value and market velocity. In the current WESTGATE CONDO market with 7 similar homes available, this price represents the 2nd least expensive of 7 comparable homes on the market. Built in 1965, this home is 13 years older than the average comp, which is reflected in the adjustments. There are currently 7 similar homes on the market in WESTGATE CONDO, ranging from $474,900 to $949,900. The trend in 78701 shows prices have fallen 16.9% in the past 6 months. 1122 Colorado ST # 1409, Austin TX 78701 nearby adjusts to $431,970; a strong comparable. With 7 solid comps to draw from, the data tells a consistent story. Of course, without seeing the property in person, this is a data based estimate only. Ed Neuhaus, Neuhaus Realty Group