1800 Lavaca ST # 502, Austin TX 78701

Reviewing the most recent comparable transactions, this home's market value falls around $194,107. For a well positioned listing in GREENWOOD TOWERS, I'd target the $199,000 to $209,000 range. In the current GREENWOOD TOWERS market with 7 similar homes available, this price represents the 3rd most expensive of 7 comparable homes on the market. At 0.01 acres, the lot is smaller than the 0.08 acre comp average, which factors into pricing. Current inventory shows 7 comparable homes in GREENWOOD TOWERS; a buyer's market based on recent absorption. Recent trends in 78701 show home values have fallen 25.6% since 6 months ago. The most comparable recent sale is 1800 Lavaca ST # A305, Austin TX 78701, with an adjusted value of $188,500; a strong comparable. The 7 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