1601 Faro DR # 102, Austin TX 78741

Looking at what buyers have actually paid for similar homes nearby, this property comes in at approximately $165,708. To generate strong buyer interest while maximizing value, I'd price this between $207,000 and $236,000. In the current CHAMBORD CONDO REV market with 7 similar homes available, this price represents the 2nd least expensive of 7 comparable homes on the market. At 0.00 acres, the lot is smaller than the 0.13 acre comp average, which factors into pricing. 7 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 9.6% in the past 6 months. 1601 Faro DR # 1402, Austin TX 78741 nearby adjusts to $207,204; a strong comparable. 4 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