1800 Lavaca ST # 704, Austin TX 78701

Reviewing the most recent comparable transactions, this home's market value falls around $192,396. For a well positioned listing in GREENWOOD TOWERS, I'd target the $199,000 to $203,000 range. With 7 comparable homes on the market in GREENWOOD TOWERS, this price positions the property as 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. There are currently 7 similar homes on the market in GREENWOOD TOWERS, ranging from $174,000 to $199,000. Recent trends in 78701 show home values have fallen 24.1% since 6 months ago. The most comparable recent sale is 1800 Lavaca ST # 402, Austin TX 78701, with an adjusted value of $203,350; 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