1304 Mariposa DR # 223, Austin TX 78704

The market data from 5 similar recent sales in TRAVIS GREEN CONDO points to a value of approximately $291,414. To sell within a reasonable timeframe at fair market value, the $207,000 to $217,000 range is where I'd position this. Against 4 similar active listings in TRAVIS GREEN CONDO, this price point lands at the most expensive of 4 comparable homes on the market. The 1962 construction puts this home 9 years older than the comp average, a factor in the pricing. Current inventory shows 4 comparable homes in TRAVIS GREEN CONDO; a buyer's market based on recent absorption. In 78704, home values have fallen approximately 3.9% over the past 6 months. One of the strongest data points is 1500 East Side DR # 219A, Austin TX 78704, adjusting to $299,062; a strong comparable. The 5 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