1601 Faro DR # 1403, Austin TX 78741

6 recent sales in the surrounding area of this address suggest a current value of $255,615. My recommended list price range for this property would be $177,000 to $187,000. At this price, the property would be the most expensive of 6 comparable homes on the market comparable homes currently on the market in CHAMBORD CONDO REV. At 166 sqft smaller than the typical comp, the size difference factors into the valuation. With 6 similar homes currently listed in CHAMBORD CONDO REV (a buyer's market), competition is a factor to consider. In 78741, home values have fallen approximately 1.1% over the past 6 months. One of the strongest data points is 6813 SUENA DR # 2, Austin TX 78741, adjusting to $274,005; a strong comparable. With 6 solid comps to draw from, the data tells a consistent story. Of course, without seeing the property in person, this is a data based estimate only. Ed Neuhaus, Neuhaus Realty Group