1920 Warely DR # 236, Austin TX 78741

Reviewing the most recent comparable transactions, this home's market value falls around $268,772. For a well positioned listing in EDGEWICK CONDO, I'd target the $311,000 to $327,000 range. Against 7 similar active listings in EDGEWICK CONDO, this price point lands at the 3rd least expensive of 7 comparable homes on the market. This home's smaller footprint (402 sqft vs the comp average) plays a role in how the market prices it. At 0.00 acres, the lot is smaller than the 0.09 acre comp average, which factors into pricing. With 7 similar homes currently listed in EDGEWICK CONDO (a balanced market), competition is a factor to consider. Recent trends in EDGEWICK CONDO show home values have risen 1.8% since 6 months ago. The most comparable recent sale is 2005 Teagle DR # 228C, Austin TX 78741, with an adjusted value of $286,256; a strong comparable. The 7 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