1840 Burton DR # 176, Austin TX 78741

Based on 7 closed sales in SILVERADO CONDO, the data points to a value around $292,820 for this home. Given current inventory and recent sales, the sweet spot for listing this home is $119,000 to $129,000. Buyers shopping in SILVERADO CONDO right now would see this as a well positioned option among 4 comparable homes. The smaller floor plan (238 sqft compared to the average comp) is a meaningful differentiator in this price range. Being built in 1984 (10 years newer than comps) is factored into the value estimate. There are currently 4 similar homes on the market in SILVERADO CONDO, ranging from $129,000 to $139,900. Market data shows 78741 prices fallen 12% over the last half year. The closest comparable sale, 1840 BURTON DR # 167, Austin TX 78741 at an adjusted $138,000, is a strong comparable. The strength of this estimate comes from 7 directly comparable sales in SILVERADO CONDO. This is strictly a numbers based opinion. Condition, upgrades, and layout can shift value in ways data cannot capture. Have questions? I'm always available. Ed Neuhaus, Neuhaus Realty Group