1601 Faro DR # 801, Austin TX 78741

Looking at what buyers have actually paid for similar homes nearby, this property comes in at approximately $151,036. To generate strong buyer interest while maximizing value, I'd price this between $168,000 and $177,000. Against 7 similar active listings in CHAMBORD CONDOMINIUMS - REVISED, this price point lands at the 2nd most expensive of 7 comparable homes on the market. Being 185 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 0.12 acre comp average, which factors into pricing. With 7 similar homes currently listed in CHAMBORD CONDOMINIUMS - REVISED (a buyer's market), competition is a factor to consider. The trend in 78741 shows prices have fallen 9.6% in the past 6 months. 2450 Wickersham LN # 101, Austin TX 78741 nearby adjusts to $105,480; a strong comparable. 7 comparable transactions in CHAMBORD CONDOMINIUMS - REVISED 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