1800 Lavaca ST # 501, Austin TX 78701

The estimated value of this property is $205,441, based on 7 comparable sales within a mile. In today's market, I'd bring this home to market somewhere between $171,000 and $181,000. Against 7 similar active listings in GREENWOOD TOWERS, this price point lands at the most expensive of 7 comparable homes on the market. Built in 1966, this home is 5 years older than the average comp, which is reflected in the adjustments. The 0.01 acre lot (smaller than the 0.05 acre average) is reflected in the estimate. Right now, 7 similar properties are competing for buyers in GREENWOOD TOWERS, listed between $174,900 and $209,999. Recent trends in 78701 show home values have fallen 21.8% since 6 months ago. The most comparable recent sale is 1800 Lavaca ST # 413, Austin TX 78701, with an adjusted value of $180,585; a strong comparable. With 7 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