1615 E 7th ST # 306, Austin TX 78702

The estimated value of this property is $302,749, based on 7 comparable sales within half a mile. In today's market, I'd bring this home to market somewhere between $205,000 and $215,000. Against 4 similar active listings in 1615 EAST TH CONDOS, this price point lands at the most expensive of 4 comparable homes on the market. The 342 sqft size difference versus comparable sales is reflected in the adjusted values. Built in 2016, this home is 6 years newer than the average comp, which is reflected in the adjustments. Current inventory shows 4 comparable homes in 1615 EAST TH CONDOS; a buyer's market based on recent absorption. Recent trends in 78702 show home values have fallen 7.3% since 6 months ago. The most comparable recent sale is 1800 E 4th ST # 207, Austin TX 78702, with an adjusted value of $286,090; with a larger floor plan. Based on 7 relevant data points in 1615 EAST TH CONDOS, I'm comfortable with this estimate. Without stepping inside, I can only go by what the data shows. An in person look would tell the full story. Ed Neuhaus, Neuhaus Realty Group | Austin, TX