200 W 56th ST # 4101, Austin TX 78751

Reviewing the most recent comparable transactions, this home's market value falls around $709,576. For a well positioned listing in KOENIG TOWNHOMES, I'd target the $905,000 to $1,004,000 range. At this price, the property would be the most affordable of 7 comparable homes on the market comparable homes currently on the market in KOENIG TOWNHOMES. The 234 sqft size difference versus comparable sales is reflected in the adjusted values. At 0.02 acres, the lot is smaller than the 0.13 acre comp average, which factors into pricing. With 7 similar homes currently listed in KOENIG TOWNHOMES (a buyer's market), competition is a factor to consider. Recent trends in KOENIG TOWNHOMES show home values have risen 2% since 6 months ago. The most comparable recent sale is 309 Franklin BLVD # 2, Austin TX 78751, with an adjusted value of $741,124; 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