1606 Catalan RD # 301, Austin TX 78748

Looking at what buyers have actually paid for similar homes nearby, this property comes in at approximately $323,483. To generate strong buyer interest while maximizing value, I'd price this between $349,000 and $352,000. At this price, the property would be the 2nd least expensive of 5 comparable homes on the market comparable homes currently on the market in SMITHFIELD CONDOS BLDG. The smaller floor plan (105 sqft compared to the average comp) is a meaningful differentiator in this price range. The 2017 construction puts this home 7 years newer than the comp average, a factor in the pricing. There are currently 5 similar homes on the market in SMITHFIELD CONDOS BLDG, ranging from $340,000 to $395,000. The trend in 78748 shows prices have fallen 4.7% in the past 6 months. 1404 Catalan RD # 803, Austin TX 78748 nearby adjusts to $288,183; a strong comparable. The 7 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