Taking into account 7 nearby comparable sales, this property's estimated value comes to $192,586. If we were to list this property today, I'd recommend a list price in the $151,000 to $161,000 range. Relative to what's currently available in TIMBERIDGE SQUARE CONDO, this home would be the 4th most expensive of 7 comparable homes on the market. Lot size matters here: 0.02 acres versus 0.07 for the typical comp. Buyers in TIMBERIDGE SQUARE CONDO have 7 comparable options right now, with asking prices between $145,000 and $225,000. The 6 month price trend in 78741: fallen 1.1%. The best comp here is 1750 Timber Ridge RD # 107, Austin TX 78741 at an adjusted value of $197,000, a strong comparable. The strength of this estimate comes from 7 directly comparable sales in TIMBERIDGE SQUARE CONDO. This is strictly a numbers based opinion. Condition, upgrades, and layout can shift value in ways data cannot capture. Have questions? I'm always available.
Ed Neuhaus, Neuhaus Realty Group