1411 Norwalk LN # 102, Austin TX 78703

Based on 7 closed sales in NORWALK SQUARE CONDO, the data points to a value around $385,165 for this home. Given current inventory and recent sales, the sweet spot for listing this home is $313,000 to $323,000. This home's position in the current NORWALK SQUARE CONDO market: the 3rd most expensive of 7 comparable homes on the market among comparable properties. Being built in 1981 (5 years newer than comps) is factored into the value estimate. Lot size matters here: 0.02 acres versus 0.05 for the typical comp. With 7 similar homes currently listed in NORWALK SQUARE CONDO (a buyer's market), competition is a factor to consider. Market data shows 78703 prices fallen 1.3% over the last half year. The closest comparable sale, 2500 Enfield RD # 2, Austin TX 78703 at an adjusted $383,527, is a strong comparable. This estimate draws on 7 comparable sales, offering a reliable picture of market value. That said, this is a data only estimate. A walkthrough could change the picture. Want a detailed analysis for a home you're considering? I'm happy to help. Ed Neuhaus