The comparable sales data (7 recent transactions in 1305 LOFTS A CONDO) supports an estimated value of $593,856. The data suggests a list price between $342,000 and $352,000 would attract qualified buyers without leaving money on the table. This home's position in the current 1305 LOFTS A CONDO market: the 4th most expensive of 7 comparable homes on the market among comparable properties. The 148 sqft size difference versus comparable sales is reflected in the adjusted values. Being built in 2006 (15 years newer than comps) is factored into the value estimate. There are currently 7 similar homes on the market in 1305 LOFTS A CONDO, ranging from $319,900 to $1,100,000. Prices in 78702 have fallen 2.2% over the last 6 months. A similar home at 1605 Willow ST # B, Austin TX 78702 carries an adjusted comparable value of $590,538, providing a strong data point. The strength of this estimate comes from 7 directly comparable sales in 1305 LOFTS A CONDO. 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