1800 Lavaca ST # 706, Austin TX 78701

Based on what similar homes have actually sold for within a mile, I'd place this property's value at $204,260. I'd recommend coming to market at $169,000 to $179,000 to strike the right balance between value and market velocity. In the current GREENWOOD TOWERS market with 7 similar homes available, this price represents 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. The active market in GREENWOOD TOWERS includes 7 comparable homes priced from $174,000 to $199,000. The trend in 78701 shows prices have fallen 15.9% in the past 6 months. 1800 Lavaca ST # 413, Austin TX 78701 nearby adjusts to $179,208; a strong comparable. Based on 7 relevant data points in GREENWOOD TOWERS, I'm comfortable with this estimate. Without stepping inside, I can only go by what the data shows. An in person look would tell the full story. Ed Neuhaus, Neuhaus Realty Group | Austin, TX