1601 FARO DR # 1704, Austin TX 78741

Looking at what buyers have actually paid for similar homes nearby, this property comes in at approximately $150,459. To generate strong buyer interest while maximizing value, I'd price this between $98,000 and $108,000. At this price, the property would be the most expensive of 4 comparable homes on the market comparable homes currently on the market in 78741. Being 279 sqft smaller than the average comparable sale in this area impacts the per square foot value. At 0.00 acres, the lot is smaller than the 0.13 acre comp average, which factors into pricing. Right now, 4 similar properties are competing for buyers in 78741, listed between $99,900 and $149,990. The trend in 78741 shows prices have fallen 8.2% in the past 6 months. 2450 Wickersham LN # 101, Austin TX 78741 nearby adjusts to $96,694; a strong comparable. 7 comparable transactions in 78741 support the reliability of this estimate. As always, a data based estimate has its limits. Seeing the home in person is the best way to confirm value. Ed Neuhaus, Broker/Owner | Neuhaus Realty Group