Reviewing the most recent comparable transactions, this home's market value falls around $228,291. For a well positioned listing in BOULDIN SQUARE CONDO, I'd target the $224,000 to $233,000 range. With 3 comparable homes on the market in BOULDIN SQUARE CONDO, this price positions the property as the most affordable of 3 comparable homes on the market. The larger floor plan (354 sqft compared to the average comp) is a meaningful differentiator in this price range. 3 similar homes are currently available in BOULDIN SQUARE CONDO, creating a buyer's market for this price range. Recent trends in 78704 show home values have fallen 6.6% since 6 months ago. The most comparable recent sale is 608 W Annie ST # A, Austin TX 78704, with an adjusted value of $1,110,654; with a larger floor plan. 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
