Based on 6 closed sales in BOULEVARD A CONDO, the data points to a value around $263,424 for this home. Given current inventory and recent sales, the sweet spot for listing this home is $277,000 to $308,000. Buyers shopping in BOULEVARD A CONDO right now would see this as a well positioned option among 4 comparable homes. At 100 sqft smaller than the typical comp, the size difference factors into the valuation. Current inventory shows 4 comparable homes in BOULEVARD A CONDO; a buyer's market based on recent absorption. Market data shows 78741 prices fallen 4.2% over the last half year. The closest comparable sale, 1201 Grove BLVD # 1501, Austin TX 78741 at an adjusted $252,986, is a strong comparable. The strength of this estimate comes from 6 directly comparable sales in BOULEVARD A 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
