1800 Lavaca ST # 516, Austin TX 78701

The market data from 7 similar recent sales in GREENWOOD TOWERS points to a value of approximately $200,071. To sell within a reasonable timeframe at fair market value, the $206,000 to $210,000 range is where I'd position this. Against 7 similar active listings in GREENWOOD TOWERS, this price point lands at the 3rd most expensive of 7 comparable homes on the market. At 0.01 acres, the lot is smaller than the 0.05 acre comp average, which factors into pricing. Buyers in GREENWOOD TOWERS have 7 comparable options right now, with asking prices between $174,000 and $199,000. In 78701, home values have fallen approximately 24.1% over the past 6 months. One of the strongest data points is 1800 Lavaca ST # 402, Austin TX 78701, adjusting to $210,770; 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