1700 Nueces ST # 109, Austin TX 78701

Reviewing the most recent comparable transactions, this home's market value falls around $192,591. For a well positioned listing in 1700 NUECES CONDO, I'd target the $197,000 to $213,000 range. At this price, the property would be the 2nd most expensive of 3 comparable homes on the market comparable homes currently on the market in 1700 NUECES CONDO. This home's smaller footprint (109 sqft vs the comp average) plays a role in how the market prices it. The 1974 construction puts this home 5 years older than the comp average, a factor in the pricing. 3 similar homes are currently available in 1700 NUECES CONDO, creating a buyer's market for this price range. Recent trends in 78701 show home values have fallen 15.2% since 6 months ago. The most comparable recent sale is 2529 Rio Grande ST # 24, Austin TX 78705, with an adjusted value of $190,472; with a pool. The 3 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