1840 Burton DR # 186, Austin TX 78741

Based on what similar homes have actually sold for in the surrounding area, I'd place this property's value at $324,351. I'd recommend coming to market at $126,000 to $136,000 to strike the right balance between value and market velocity. Among the similar homes currently available in SILVERADO CONDO, this price point stands out as competitive. The smaller floor plan (283 sqft compared to the average comp) is a meaningful differentiator in this price range. Built in 1984, this home is 9 years newer than the average comp, which is reflected in the adjustments. Current inventory shows 5 comparable homes in SILVERADO CONDO; a buyer's market based on recent absorption. The trend in 78741 shows prices have risen 6.9% in the past 6 months. 1840 BURTON DR # 167, Austin TX 78741 nearby adjusts to $138,000; a strong comparable. With 7 solid comps to draw from, the data tells a consistent story. Of course, without seeing the property in person, this is a data based estimate only. Ed Neuhaus, Neuhaus Realty Group