1601 Faro DR # 1803, Austin TX 78741

Looking at what buyers have actually paid for similar homes nearby, this property comes in at approximately $189,630. To generate strong buyer interest while maximizing value, I'd price this between $209,000 and $214,000. Against 3 similar active listings in CHAMBORD CONDO REV, this price point lands at the 2nd most expensive of 3 comparable homes on the market. At 0.14 acres, the lot is larger than the 0.10 acre comp average, which factors into pricing. 3 similar homes are currently available in CHAMBORD CONDO REV, creating a buyer's market for this price range. The trend in 78741 shows prices have fallen 1.1% in the past 6 months. 6208 Carnation TER, Austin TX 78741 nearby adjusts to $173,513; 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