The estimated value of this property is $316,330, based on 3 comparable sales within a mile. In today's market, I'd bring this home to market somewhere between $220,000 and $230,000. At this price, the property would be the 4th most expensive of 7 comparable homes on the market comparable homes currently on the market in WEST ANNIE CONDO. The 0.00 acre lot (smaller than the 0.09 acre average) is reflected in the estimate. Right now, 7 similar properties are competing for buyers in WEST ANNIE CONDO, listed between $225,000 and $449,500. Recent trends in 78704 show home values have fallen 2.9% since 6 months ago. The most comparable recent sale is 700 S 1st ST # 207, Austin TX 78704, with an adjusted value of $329,168; a strong comparable. With 3 solid comps to draw from, the data tells a consistent story. Of course, without seeing the property in person, this is a data based estimate only.
Ed Neuhaus, Neuhaus Realty Group