Based on 7 closed sales in WOOTEN URBAN CONDOMINIUMS, the data points to a value around $381,988 for this home. Given current inventory and recent sales, the sweet spot for listing this home is $402,000 to $423,000. This home's position in the current WOOTEN URBAN CONDOMINIUMS market: the 2nd most expensive of 3 comparable homes on the market among comparable properties. Being built in 1969 (6 years newer than comps) is factored into the value estimate. Current inventory shows 3 comparable homes in WOOTEN URBAN CONDOMINIUMS; a buyer's market based on recent absorption. Market data shows 78757 prices risen 14% over the last half year. The closest comparable sale, 1913 Ohlen RD, Austin TX 78757 at an adjusted $384,110, is a strong comparable. The strength of this estimate comes from 7 directly comparable sales in WOOTEN URBAN CONDOMINIUMS. This is strictly a numbers based opinion. Condition, upgrades, and layout can shift value in ways data cannot capture. Have questions? I'm always available.
Ed Neuhaus, Neuhaus Realty Group
