1212 Guadalupe ST # 207, Austin TX 78701

Looking at what buyers have actually paid for similar homes nearby, this property comes in at approximately $336,493. To generate strong buyer interest while maximizing value, I'd price this between $243,000 and $253,000. With 6 comparable homes on the market in PENTHOUSE CONDO, this price positions the property as the 3rd least expensive of 6 comparable homes on the market. At 188 sqft smaller than the typical comp, the size difference factors into the valuation. The 1973 construction puts this home 11 years newer than the comp average, a factor in the pricing. 6 similar homes are currently available in PENTHOUSE CONDO, creating a buyer's market for this price range. The trend in 78701 shows prices have fallen 11.6% in the past 6 months. 1510 W 6th ST # 111, Austin TX 78703 nearby adjusts to $282,813; 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