1800 Lavaca ST # 708, Austin TX 78701

The estimated value of this property is $302,657, based on 7 comparable sales in the surrounding area. In today's market, I'd bring this home to market somewhere between $192,000 and $202,000. Against 7 similar active listings in GREENWOOD TOWERS, this price point lands at the most expensive of 7 comparable homes on the market. Being 127 sqft larger than the average comparable sale in this area impacts the per square foot value. 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 $199,900 and $479,000. Recent trends in 78701 show home values have fallen 12.5% since 6 months ago. The most comparable recent sale is 3815 Guadalupe ST # 210, Austin TX 78751, with an adjusted value of $272,137; 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