1901 Crossing PL # 1202, Austin TX 78741

After reviewing 7 recent transactions in TRACE CONDO, I estimate this property's value at $686,907. A competitive list price for this home right now would fall in the $268,000 to $278,000 range. Buyers shopping in TRACE CONDO right now would see this as a well positioned option among 7 comparable homes. The 430 sqft size difference versus comparable sales is reflected in the adjusted values. The smaller lot (0.09 acres versus the area average of 0.13) contributes to the valuation. The active market in TRACE CONDO includes 7 comparable homes priced from $265,000 to $754,900. Prices in 78741 have fallen 1.6% over the last 6 months. A similar home at 503 Allen ST # 503A, Austin TX 78702 carries an adjusted comparable value of $440,512, providing a strong data point. The comp data here (7 sales in TRACE CONDO) gives us a clear read on this home's value. Important to note: this valuation is based on comparable sales data, not a physical inspection of the property. Curious about your home's value? Get a free estimate here. Ed Neuhaus