1912 Lightsey # 5, Austin TX 78704

The market data from 4 similar recent sales in 1912 LIGHTSEY CONDOMINIUMS points to a value of approximately $412,153. To sell within a reasonable timeframe at fair market value, the $341,000 to $351,000 range is where I'd position this. Against 4 similar active listings in 1912 LIGHTSEY CONDOMINIUMS, this price point lands at the 2nd most expensive of 4 comparable homes on the market. The 1972 construction puts this home 5 years newer than the comp average, a factor in the pricing. At 0.00 acres, the lot is smaller than the 0.11 acre comp average, which factors into pricing. Right now, 4 similar properties are competing for buyers in 1912 LIGHTSEY CONDOMINIUMS, listed between $320,000 and $485,000. In 78704, home values have fallen approximately 1.8% over the past 6 months. One of the strongest data points is 3015 Burning Oak DR # 2, Austin TX 78704, adjusting to $449,740; a strong comparable. The 4 comps used here provide a solid foundation for this valuation. Keep in mind, I have not personally inspected this property. The numbers are data driven, not firsthand. Questions about this property or this area? Reach out anytime. Ed Neuhaus, Neuhaus Realty Group