1800 E 4th ST # 208, Austin TX 78702

The market data from 7 similar recent sales in FOURTH & CONDOS points to a value of approximately $294,188. To sell within a reasonable timeframe at fair market value, the $175,000 to $185,000 range is where I'd position this. With 3 comparable homes on the market in FOURTH & CONDOS, this price positions the property as the most expensive of 3 comparable homes on the market. The smaller floor plan (277 sqft compared to the average comp) is a meaningful differentiator in this price range. The 2018 construction puts this home 6 years newer than the comp average, a factor in the pricing. The active market in FOURTH & CONDOS includes 3 comparable homes priced from $180,000 to $310,000. In 78702, home values have fallen approximately 0.7% over the past 6 months. One of the strongest data points is 2220 Webberville RD # 201, Austin TX 78702, adjusting to $239,525; with a larger floor plan. 7 comparable transactions in FOURTH & CONDOS support the reliability of this estimate. As always, a data based estimate has its limits. Seeing the home in person is the best way to confirm value. Ed Neuhaus, Broker/Owner | Neuhaus Realty Group