The market data from 7 similar recent sales in COLUMBIA OAKS CONDO points to a value of approximately $211,684. To sell within a reasonable timeframe at fair market value, the $171,000 to $181,000 range is where I'd position this. In the current COLUMBIA OAKS CONDO market with 7 similar homes available, this price represents the 2nd least expensive of 7 comparable homes on the market. At 0.05 acres, the lot is smaller than the 0.10 acre comp average, which factors into pricing. There are currently 7 similar homes on the market in COLUMBIA OAKS CONDO, ranging from $180,000 to $474,950. In 78759, home values have risen approximately 7.5% over the past 6 months. One of the strongest data points is 11970 Jollyville RD # 104, Austin TX 78759, adjusting to $170,740; 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