7 recent sales in the surrounding area of this address suggest a current value of $1,224,063. 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 7 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 18.3% over the past 6 months. One of the strongest data points is 1500 Scenic DR # 302, Austin TX 78703, adjusting to $1,694,977; 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