1818 S Lakeshore BLVD # 38, Austin TX 78741

The market data from 7 similar recent sales in WATERFRONT CONDO points to a value of approximately $588,969. To sell within a reasonable timeframe at fair market value, the $166,000 to $176,000 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 older than the comp average, a factor in the pricing. At 0.06 acres, the lot is smaller than the 0.09 acre comp average, which factors into pricing. The active market in WATERFRONT CONDO includes 6 comparable homes priced from $169,900 to $225,000. In 78741, home values have fallen approximately 1.1% over the past 6 months. One of the strongest data points is 1808 Riverview ST # B, Austin TX 78702, adjusting to $718,808; 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