12401 Los Indios TRL # 29, Austin TX 78729

Based on 7 closed sales in TOWNHOMES LOS INDIOS CONDOS, the data points to a value around $264,959 for this home. Given current inventory and recent sales, the sweet spot for listing this home is $222,000 to $232,000. This home's position in the current TOWNHOMES LOS INDIOS CONDOS market: the most expensive of 3 comparable homes on the market among comparable properties. Being built in 1999 (9 years newer than comps) is factored into the value estimate. Lot size matters here: 0.02 acres versus 0.11 for the typical comp. Current inventory shows 3 comparable homes in TOWNHOMES LOS INDIOS CONDOS; a balanced market based on recent absorption. Market data shows 78729 prices risen 2.9% over the last half year. The closest comparable sale, 12401 Los Indios TRL # 9, Austin TX 78729 at an adjusted $211,410, is a strong comparable. The strength of this estimate comes from 7 directly comparable sales in TOWNHOMES LOS INDIOS CONDOS. 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