1315 Mckie CV, Austin TX 78752

The market data from 5 similar recent sales in COVE CONDO points to a value of approximately $603,760. To sell within a reasonable timeframe at fair market value, the $473,000 to $483,000 range is where I'd position this. In the current COVE CONDO market with 7 similar homes available, this price represents the 2nd least expensive of 7 comparable homes on the market. The larger floor plan (316 sqft compared to the average comp) is a meaningful differentiator in this price range. The 1980 construction puts this home 10 years newer than the comp average, a factor in the pricing. Current inventory shows 7 comparable homes in COVE CONDO; a buyer's market based on recent absorption. In 78752, home values have risen approximately 16.4% over the past 6 months. One of the strongest data points is 3100 Val DR, Austin TX 78723, adjusting to $568,550; a strong comparable. The 5 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