1502 W 5th ST # M2, Austin TX 78703

After reviewing 7 recent transactions in VILLA WEST CONDO, I estimate this property's value at $557,039. A competitive list price for this home right now would fall in the $371,000 to $381,000 range. This home's position in the current VILLA WEST CONDO market: the 3rd least expensive of 7 comparable homes on the market among comparable properties. At 129 sqft smaller than the typical comp, the size difference factors into the valuation. The active market in VILLA WEST CONDO includes 7 comparable homes priced from $399,000 to $995,000. Prices in 78703 have fallen 9.3% over the last 6 months. A similar home at 1212 Guadalupe ST # 805, Austin TX 78701 carries an adjusted comparable value of $413,362, providing a strong data point. The comp data here (7 sales in VILLA WEST CONDO) gives us a clear read on this home's value. Important to note: this valuation is based on comparable sales data, not a physical inspection of the property. Curious about your home's value? Get a free estimate here. Ed Neuhaus