1212 Guadalupe ST # 403, Austin TX 78701

Based on 7 closed sales in PENTHOUSE CONDO, the data points to a value around $358,106 for this home. Given current inventory and recent sales, the sweet spot for listing this home is $395,000 to $398,000. This home's position in the current PENTHOUSE CONDO market: no active comparable homes on the market among comparable properties. Being 292 sqft smaller than the average comparable sale in this area impacts the per square foot value. Being built in 1973 (5 years older than comps) is factored into the value estimate. Market data shows 78701 prices fallen 21.3% over the last half year. The closest comparable sale, 1122 Colorado ST # 1902, Austin TX 78701 at an adjusted $506,240, is with a larger floor plan. The strength of this estimate comes from 7 directly comparable sales in PENTHOUSE 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