1306 West Ave # 201, Austin TX 78701

Taking into account 4 nearby comparable sales, this property's estimated value comes to $398,475. If we were to list this property today, I'd recommend a list price in the $326,000 to $336,000 range. Buyers shopping in 1306 WEST right now would see this as a well positioned option among 7 comparable homes. Lot size matters here: 0.02 acres versus 0.15 for the typical comp. Current inventory shows 7 comparable homes in 1306 WEST; a buyer's market based on recent absorption. The 6 month price trend in 78701: fallen 23.2%. The best comp here is 1603 Enfield # 311, Austin TX 78703 at an adjusted value of $310,896, a strong comparable. The strength of this estimate comes from 4 directly comparable sales in 1306 WEST. 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