7 recent sales in the surrounding area of this address suggest a current value of $1,148,987. My recommended list price range for this property would be $731,000 to $741,000. At this price, the property would be the 0th most expensive of 5 comparable homes on the market comparable homes currently on the market in LAKEHOUSE CONDO COMMUNITY. Built in 1965, this home is 18 years older than the average comp, which is reflected in the adjustments. There are currently 5 similar homes on the market in LAKEHOUSE CONDO COMMUNITY, ranging from $649,000 to $815,000. In 78703, home values have fallen approximately 18.1% over the past 6 months. One of the strongest data points is 1500 Scenic DR # 302, Austin TX 78703, adjusting to $1,695,072; with a smaller floor plan. With 7 solid comps to draw from, the data tells a consistent story. Of course, without seeing the property in person, this is a data based estimate only.
Ed Neuhaus, Neuhaus Realty Group