1212 Guadalupe ST # 708, Austin TX 78701

Based on 7 closed sales in PENTHOUSE CONDO, the data points to a value around $510,829 for this home. Given current inventory and recent sales, the sweet spot for listing this home is $378,000 to $388,000. This home's position in the current PENTHOUSE CONDO market: the 3rd least expensive of 7 comparable homes on the market among comparable properties. Being built in 1973 (22 years older than comps) is factored into the value estimate. There are currently 7 similar homes on the market in PENTHOUSE CONDO, ranging from $364,999 to $699,000. Market data shows 78701 prices fallen 17.1% over the last half year. The closest comparable sale, 1122 Colorado ST # 1902, Austin TX 78701 at an adjusted $638,388, is a strong comparable. 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