1407 W 39 1/2 ST # 104, Austin TX 78756

The comparable sales data (4 recent transactions in PETERSON CONDO) supports an estimated value of $285,520. The data suggests a list price between $377,000 and $384,000 would attract qualified buyers without leaving money on the table. Relative to what's currently available in PETERSON CONDO, this home would be the most affordable of 7 comparable homes on the market. The 117 sqft size difference versus comparable sales is reflected in the adjusted values. Being built in 1972 (10 years older than comps) is factored into the value estimate. Current inventory shows 7 comparable homes in PETERSON CONDO; a buyer's market based on recent absorption. Prices in 78756 have fallen 18.4% over the last 6 months. A similar home at 806 W 24th ST # 302, Austin TX 78705 carries an adjusted comparable value of $395,830, providing a strong data point. The strength of this estimate comes from 4 directly comparable sales in PETERSON CONDO. This is strictly a numbers based opinion. Condition, upgrades, and layout can shift value in ways data cannot capture. Have questions? I'm always available. Ed Neuhaus, Neuhaus Realty Group