1504 Collier ST # 12, Austin TX 78704

The market data from 3 similar recent sales in LYRIC CONDO points to a value of approximately $639,087. To sell within a reasonable timeframe at fair market value, the $585,000 to $686,000 range is where I'd position this. At this price, the property would be the most expensive of 3 comparable homes on the market comparable homes currently on the market in LYRIC CONDO. This home's larger footprint (200 sqft vs the comp average) plays a role in how the market prices it. The 2012 construction puts this home 7 years newer than the comp average, a factor in the pricing. Buyers in LYRIC CONDO have 3 comparable options right now, with asking prices between $599,000 and $725,000. In 78704, home values have fallen approximately 3.8% over the past 6 months. One of the strongest data points is 2817 Kinney Oaks CT, Austin TX 78704, adjusting to $732,104; a strong comparable. The 3 comps used here provide a solid foundation for this valuation. Keep in mind, I have not personally inspected this property. The numbers are data driven, not firsthand. Questions about this property or this area? Reach out anytime. Ed Neuhaus, Neuhaus Realty Group