1601 Faro DR # 2004, Austin TX 78741

Taking into account 7 nearby comparable sales, this property's estimated value comes to $156,268. If we were to list this property today, I'd recommend a list price in the $117,000 to $127,000 range. This pricing would rank the home as the 3rd most expensive of 7 comparable homes on the market in CHAMBORD CONDO REV's current inventory. The smaller floor plan (234 sqft compared to the average comp) is a meaningful differentiator in this price range. With 7 similar homes currently listed in CHAMBORD CONDO REV (a buyer's market), competition is a factor to consider. The 6 month price trend in 78741: fallen 11.5%. The best comp here is 2450 Wickersham LN # 101, Austin TX 78741 at an adjusted value of $115,335, a strong comparable. This estimate draws on 7 comparable sales, offering a reliable picture of market value. That said, this is a data only estimate. A walkthrough could change the picture. Want a detailed analysis for a home you're considering? I'm happy to help. Ed Neuhaus