1122 Colorado ST # 1901, Austin TX 78701

Reviewing the most recent comparable transactions, this home's market value falls around $344,999. For a well positioned listing in WESTGATE CONDO, I'd target the $295,000 to $305,000 range. At this price, the property would be the 3rd most expensive of 7 comparable homes on the market comparable homes currently on the market in WESTGATE CONDO. The 1965 construction puts this home 7 years newer than the comp average, a factor in the pricing. 7 similar homes are currently available in WESTGATE CONDO, creating a buyer's market for this price range. Recent trends in 78701 show home values have fallen 7.8% since 6 months ago. The most comparable recent sale is 1122 Colorado ST # 1209, Austin TX 78701, with an adjusted value of $406,505; a strong comparable. The 7 comps used here provide a solid foundation for this valuation. Keep in mind, I have not personally inspected this property. The numbers are data driven, not firsthand. Questions about this property or this area? Reach out anytime. Ed Neuhaus, Neuhaus Realty Group