1304 Mariposa DR # 111, Austin TX 78704

Reviewing the most recent comparable transactions, this home's market value falls around $360,850. For a well positioned listing in TRAVIS GREEN CONDO, I'd target the $258,000 to $268,000 range. Against 7 similar active listings in TRAVIS GREEN CONDO, this price point lands at the 2nd most expensive of 7 comparable homes on the market. The 1962 construction puts this home 8 years older than the comp average, a factor in the pricing. Current inventory shows 7 comparable homes in TRAVIS GREEN CONDO; a buyer's market based on recent absorption. Recent trends in 78704 show home values have fallen 4% since 6 months ago. The most comparable recent sale is 500 E Riverside DR # 133, Austin TX 78704, with an adjusted value of $442,789; a strong comparable. The 3 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