1937 Rue De St Tropez # 16, Austin TX 78746

The market data from 3 similar recent sales in ST CONDO points to a value of approximately $734,707. To sell within a reasonable timeframe at fair market value, the $713,000 to $757,000 range is where I'd position this. At this price, the property would be the most affordable of 5 comparable homes on the market comparable homes currently on the market in ST CONDO. The 139 sqft size difference versus comparable sales is reflected in the adjusted values. At 0.26 acres, the lot is larger than the 0.21 acre comp average, which factors into pricing. The active market in ST CONDO includes 5 comparable homes priced from $849,000 to $1,400,000. In 78746, home values have risen approximately 8.3% over the past 6 months. One of the strongest data points is 4231 Westlake DR # C2, Austin TX 78746, adjusting to $713,627; a strong comparable. The 3 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