114 E 31st ST # 304, Austin TX 78705

Based on 4 closed sales in HYDE PARK OAKS CONDO, the data points to a value around $201,087 for this home. Given current inventory and recent sales, the sweet spot for listing this home is $131,000 to $141,000. Buyers shopping in HYDE PARK OAKS CONDO right now would see this as a well positioned option among 7 comparable homes. Being built in 1981 (6 years newer than comps) is factored into the value estimate. Lot size matters here: 0.02 acres versus 0.05 for the typical comp. Right now, 7 similar properties are competing for buyers in HYDE PARK OAKS CONDO, listed between $119,500 and $285,000. Market data shows 78705 prices fallen 11.7% over the last half year. The closest comparable sale, 400 W 35th ST # 104, Austin TX 78705 at an adjusted $191,750, is a strong comparable. The strength of this estimate comes from 4 directly comparable sales in HYDE PARK OAKS 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