201 E 4th # 235, Austin TX 78701

Based on 7 closed sales in RAILYARD CONDO, the data points to a value around $416,124 for this home. Given current inventory and recent sales, the sweet spot for listing this home is $335,000 to $345,000. This would position the home competitively among 7 active listings in RAILYARD CONDO. Being built in 1983 (17 years older than comps) is factored into the value estimate. Lot size matters here: 0.01 acres versus 0.04 for the typical comp. There are currently 7 similar homes on the market in RAILYARD CONDO, ranging from $317,000 to $489,000. Market data shows 78701 prices fallen 24.1% over the last half year. The closest comparable sale, 360 Nueces ST # 2506, Austin TX 78701 at an adjusted $402,652, is a strong comparable. This estimate draws on 7 comparable sales, offering a reliable picture of market value. That said, this is a data only estimate. A walkthrough could change the picture. Want a detailed analysis for a home you're considering? I'm happy to help. Ed Neuhaus