1205 W 39th 1/2 ST # B, Austin TX 78756

Reviewing the most recent comparable transactions, this home's market value falls around $525,372. For a well positioned listing in UNT B WEST 1/2 STREET CONDOMINIUMS PLUS, I'd target the $358,000 to $368,000 range. Against 7 similar active listings in UNT B WEST 1/2 STREET CONDOMINIUMS PLUS, this price point lands at the most expensive of 7 comparable homes on the market. The 2019 construction puts this home 26 years newer than the comp average, a factor in the pricing. At 0.10 acres, the lot is larger than the 0.04 acre comp average, which factors into pricing. With 7 similar homes currently listed in UNT B WEST 1/2 STREET CONDOMINIUMS PLUS (a balanced market), competition is a factor to consider. Recent trends in 78756 show home values have fallen 10.7% since 6 months ago. The most comparable recent sale is 1406 North ST # B, Austin TX 78756, with an adjusted value of $535,930; with a larger floor plan. 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