1601 Faro DR # 1302, Austin TX 78741

Reviewing the most recent comparable transactions, this home's market value falls around $233,054. For a well positioned listing in CHAMBORD CONDO REV, I'd target the $157,000 to $167,000 range. In the current CHAMBORD CONDO REV market with 7 similar homes available, this price represents the most expensive of 7 comparable homes on the market. Being 273 sqft smaller than the average comparable sale in this area impacts the per square foot value. At 0.13 acres, the lot is smaller than the 0.17 acre comp average, which factors into pricing. Buyers in CHAMBORD CONDO REV have 7 comparable options right now, with asking prices between $185,000 and $295,999. Recent trends in 78741 show home values have fallen 1.1% since 6 months ago. The most comparable recent sale is 1705 Crossing PL # 122, Austin TX 78741, with an adjusted value of $116,381; with a smaller floor plan. The 6 comps used here provide a solid foundation for this valuation. Keep in mind, I have not personally inspected this property. The numbers are data driven, not firsthand. Questions about this property or this area? Reach out anytime. Ed Neuhaus, Neuhaus Realty Group