1601 Faro DR # 601, Austin TX 78741

Reviewing the most recent comparable transactions, this home's market value falls around $181,491. For a well positioned listing in CHAMBORD CONDO REV, I'd target the $120,000 to $130,000 range. At this price, the property would be the 2nd most expensive of 7 comparable homes on the market comparable homes currently on the market in CHAMBORD CONDO REV. This home's smaller footprint (154 sqft vs the comp average) plays a role in how the market prices it. 7 similar homes are currently available in CHAMBORD CONDO REV, creating a buyer's market for this price range. Recent trends in 78741 show home values have fallen 1.6% since 6 months ago. The most comparable recent sale is 2450 Wickersham LN # 101, Austin TX 78741, with an adjusted value of $126,185; a strong comparable. 7 comparable transactions in CHAMBORD CONDO REV 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