Reviewing the most recent comparable transactions, this home's market value falls around $273,562. For a well positioned listing in BOULDIN SQUARE CONDO, I'd target the $268,000 to $279,000 range. With 7 comparable homes on the market in BOULDIN SQUARE CONDO, this price positions the property as the most affordable of 7 comparable homes on the market. The 2001 construction puts this home 5 years older than the comp average, a factor in the pricing. 7 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 5.7% since 6 months ago. The most comparable recent sale is 2010 S 2nd ST, Austin TX 78704, with an adjusted value of $876,773; 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
