1501 Barton Springs RD # 230, Austin TX 78704

Based on what similar homes have actually sold for in the surrounding area, I'd place this property's value at $703,951. I'd recommend coming to market at $588,000 to $598,000 to strike the right balance between value and market velocity. With 7 comparable homes on the market in TALISMAN CONDO, this price positions the property as the 3rd most expensive of 7 comparable homes on the market. Built in 1982, this home is 16 years older than the average comp, which is reflected in the adjustments. The 0.09 acre lot (smaller than the 0.12 acre average) is reflected in the estimate. 7 similar homes are currently available in TALISMAN CONDO, creating a buyer's market for this price range. The trend in 78704 shows prices have risen 1.9% in the past 6 months. 1703 Dywer Ave, Austin TX 78704 nearby adjusts to $1,065,154; a strong comparable. 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