1304 Mariposa DR # 112, Austin TX 78704

The market data from 4 similar recent sales in TRAVIS GREEN CONDO points to a value of approximately $223,967. To sell within a reasonable timeframe at fair market value, the $219,000 to $228,000 range is where I'd position this. At this price, the property would be the most affordable of 5 comparable homes on the market comparable homes currently on the market in TRAVIS GREEN CONDO. The 1962 construction puts this home 5 years older than the comp average, a factor in the pricing. At 0.00 acres, the lot is smaller than the 0.06 acre comp average, which factors into pricing. 5 similar homes are currently available in TRAVIS GREEN CONDO, creating a buyer's market for this price range. In 78704, home values have fallen approximately 4.1% over the past 6 months. One of the strongest data points is 500 E Riverside DR # 216, Austin TX 78704, adjusting to $219,991; a strong comparable. The 4 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