1800 Lavaca ST # 504, Austin TX 78701

My analysis of 7 comparable properties puts this home's estimated value at $196,596. Based on how the local market is moving, a list price between $203,000 and $207,000 would position this home well. This home's position in the current GREENWOOD TOWERS market: the 3rd most expensive of 7 comparable homes on the market among comparable properties. The smaller lot (0.01 acres versus the area average of 0.05) contributes to the valuation. The active market in GREENWOOD TOWERS includes 7 comparable homes priced from $174,000 to $199,000. The 6 month price trend in 78701: fallen 24.4%. The best comp here is 1800 Lavaca ST # 413, Austin TX 78701 at an adjusted value of $179,050, a strong comparable. The comp data here (7 sales in GREENWOOD TOWERS) gives us a clear read on this home's value. Important to note: this valuation is based on comparable sales data, not a physical inspection of the property. Curious about your home's value? Get a free estimate here. Ed Neuhaus