1800 Lavaca ST # 506, Austin TX 78701

The market data from 3 similar recent sales in GREENWOOD TOWERS points to a value of approximately $196,408. To sell within a reasonable timeframe at fair market value, the $207,000 to $208,000 range is where I'd position this. Among the similar homes currently available in GREENWOOD TOWERS, this price point stands out as competitive. At 0.01 acres, the lot is smaller than the 0.10 acre comp average, which factors into pricing. 7 similar homes are currently available in GREENWOOD TOWERS, creating a buyer's market for this price range. In 78701, home values have fallen approximately 24.4% over the past 6 months. One of the strongest data points is 1800 Lavaca ST # 402, Austin TX 78701, adjusting to $207,500; a strong comparable. 3 comparable transactions in GREENWOOD TOWERS 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