1601 Faro DR # 2304, Austin TX 78741

Reviewing the most recent comparable transactions, this home's market value falls around $165,324. For a well positioned listing in CHAMBORD CONDO REV, I'd target the $127,000 to $137,000 range. Against 3 similar active listings in CHAMBORD CONDO REV, this price point lands at the most expensive of 3 comparable homes on the market. Being 166 sqft smaller than the average comparable sale in this area impacts the per square foot value. Current inventory shows 3 comparable homes in CHAMBORD CONDO REV; a buyer's market based on recent absorption. Recent trends in 78741 show home values have fallen 12.2% since 6 months ago. The most comparable recent sale is 2450 Wickersham LN # 101, Austin TX 78741, with an adjusted value of $125,990; a strong comparable. The 7 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