1422 Collier ST # 108, Austin TX 78704

Based on what similar homes have actually sold for within a mile, I'd place this property's value at $215,777. I'd recommend coming to market at $170,000 to $180,000 to strike the right balance between value and market velocity. With 7 comparable homes on the market in FLAMINGO CONDO, this price positions the property as the 2nd least expensive of 7 comparable homes on the market. Being 119 sqft smaller than the average comparable sale in this area impacts the per square foot value. Current inventory shows 7 comparable homes in FLAMINGO CONDO; a buyer's market based on recent absorption. The trend in 78704 shows prices have fallen 3.8% in the past 6 months. 2021 Bluebonnet LN # 203, Austin TX 78704 nearby adjusts to $236,061; a strong comparable. Based on 5 relevant data points in FLAMINGO CONDO, I'm comfortable with this estimate. Without stepping inside, I can only go by what the data shows. An in person look would tell the full story. Ed Neuhaus, Neuhaus Realty Group | Austin, TX