1303 Mckie CV, Austin TX 78752

The market data from 7 similar recent sales in COVE CONDO points to a value of approximately $343,740. To sell within a reasonable timeframe at fair market value, the $195,000 to $205,000 range is where I'd position this. At this price, the property would be the 0th most expensive of 5 comparable homes on the market comparable homes currently on the market in COVE CONDO. This home's smaller footprint (618 sqft vs the comp average) plays a role in how the market prices it. The 1980 construction puts this home 11 years newer than the comp average, a factor in the pricing. There are currently 5 similar homes on the market in COVE CONDO, ranging from $195,000 to $249,000. In 78752, home values have fallen approximately 4.8% over the past 6 months. One of the strongest data points is 6305 Vioitha DR # B, Austin TX 78723, adjusting to $245,131; with a larger floor plan. 7 comparable transactions in COVE CONDO support the reliability of this estimate. As always, a data based estimate has its limits. Seeing the home in person is the best way to confirm value. Ed Neuhaus, Broker/Owner | Neuhaus Realty Group