1901 Crossing PL # 3201, Austin TX 78741

Looking at what buyers have actually paid for similar homes nearby, this property comes in at approximately $884,789. To generate strong buyer interest while maximizing value, I'd price this between $268,000 and $278,000. With 7 comparable homes on the market in TRACE CONDO, this price positions the property as the most expensive of 7 comparable homes on the market. At 526 sqft smaller than the typical comp, the size difference factors into the valuation. At 0.09 acres, the lot is smaller than the 0.13 acre comp average, which factors into pricing. With 7 similar homes currently listed in TRACE CONDO (a buyer's market), competition is a factor to consider. The trend in 78741 shows prices have fallen 1.1% in the past 6 months. 54 Robert T Martinez Jr ST, Austin TX 78702 nearby adjusts to $669,790; with a smaller floor plan. 7 comparable transactions in TRACE CONDO support the reliability of this estimate. As always, a data based estimate has its limits. Seeing the home in person is the best way to confirm value. Ed Neuhaus, Broker/Owner | Neuhaus Realty Group