1307 E 52nd ST # 3, Austin TX 78723

The market data from 7 similar recent sales in VERANDAS/52ND CONDOS BLDG points to a value of approximately $366,244. To sell within a reasonable timeframe at fair market value, the $226,000 to $236,000 range is where I'd position this. In the current VERANDAS/52ND CONDOS BLDG market with 7 similar homes available, this price represents the 2nd most expensive of 7 comparable homes on the market. Being 291 sqft smaller than the average comparable sale in this area impacts the per square foot value. The 2016 construction puts this home 31 years newer than the comp average, a factor in the pricing. Buyers in VERANDAS/52ND CONDOS BLDG have 7 comparable options right now, with asking prices between $230,000 and $385,000. In 78723, home values have fallen approximately 1.2% over the past 6 months. One of the strongest data points is 1701 Simond Ave # 636, Austin TX 78723, adjusting to $409,205; a strong comparable. The 7 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