1601 Faro DR # 301, Austin TX 78741

My analysis of 5 comparable properties puts this home's estimated value at $209,937. Based on how the local market is moving, a list price between $168,000 and $178,000 would position this home well. This home's position in the current CHAMBORD CONDO REV market: the 3rd least expensive of 7 comparable homes on the market among comparable properties. Being 112 sqft smaller than the average comparable sale in this area impacts the per square foot value. At 7 years newer than typical comps, the 1983 build date influences the valuation. Right now, 7 similar properties are competing for buyers in CHAMBORD CONDO REV, listed between $182,000 and $380,000. The 6 month price trend in 78741: fallen 9.6%. The best comp here is 1601 Faro DR # 1402, Austin TX 78741 at an adjusted value of $198,143, with a larger floor plan. With 5 comparable sales in CHAMBORD CONDO REV, this estimate carries a reasonable degree of confidence. This estimate is based entirely on market data. An in person evaluation could refine it further. Ed Neuhaus, Broker/Owner, Neuhaus Realty Group