1900 Barton Springs RD # 3024, Austin TX 78704

After reviewing 3 recent transactions in ZILKR/PK CONDOS, I estimate this property's value at $395,272. A competitive list price for this home right now would fall in the $439,000 to $450,000 range. This home's position in the current ZILKR/PK CONDOS market: the 2nd most expensive of 3 comparable homes on the market among comparable properties. The smaller lot (0.01 acres versus the area average of 0.06) contributes to the valuation. With 3 similar homes currently listed in ZILKR/PK CONDOS (a buyer's market), competition is a factor to consider. Prices in 78704 have fallen 3.3% over the last 6 months. A similar home at 1900 Barton Springs RD # 4040, Austin TX 78704 carries an adjusted comparable value of $407,568, providing a strong data point. With 3 comparable sales in ZILKR/PK CONDOS, this estimate carries a reasonable degree of confidence. This estimate is based entirely on market data. An in person evaluation could refine it further. Ed Neuhaus, Broker/Owner, Neuhaus Realty Group