1818 S Lakeshore BLVD # 13, Austin TX 78741

The market data from 7 similar recent sales in WATERFRONT CONDO points to a value of approximately $552,949. To sell within a reasonable timeframe at fair market value, the $125,000 to $135,000 range is where I'd position this. In the current WATERFRONT CONDO market with 6 similar homes available, this price represents the most expensive of 6 comparable homes on the market. The 1980 construction puts this home 5 years newer than the comp average, a factor in the pricing. At 0.05 acres, the lot is smaller than the 0.09 acre comp average, which factors into pricing. With 6 similar homes currently listed in WATERFRONT CONDO (a buyer's market), competition is a factor to consider. In 78741, home values have fallen approximately 9.6% over the past 6 months. One of the strongest data points is 1913 Canterbury ST # 2, Austin TX 78702, adjusting to $580,652; 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