1318 Delano ST # B, Austin TX 78721

Looking at what buyers have actually paid for similar homes nearby, this property comes in at approximately $407,554. To generate strong buyer interest while maximizing value, I'd price this between $230,000 and $240,000. With 4 comparable homes on the market in 1318 DELANO CONDOS, this price positions the property as the 2nd most expensive of 4 comparable homes on the market. The 2016 construction puts this home 5 years older than the comp average, a factor in the pricing. At 0.00 acres, the lot is smaller than the 0.54 acre comp average, which factors into pricing. Current inventory shows 4 comparable homes in 1318 DELANO CONDOS; a buyer's market based on recent absorption. The trend in 78721 shows prices have risen 11.1% in the past 6 months. 4127 E 12th ST # 6, Austin TX 78721 nearby adjusts to $351,866; with a larger floor plan. The 4 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