201 E 4th ST # 248, Austin TX 78701

Taking into account 7 nearby comparable sales, this property's estimated value comes to $512,533. If we were to list this property today, I'd recommend a list price in the $364,000 to $374,000 range. This would position the home competitively among 7 active listings in RAILYARD CONDO. The 122 sqft size difference versus comparable sales is reflected in the adjusted values. Being built in 1983 (9 years older than comps) is factored into the value estimate. Current inventory shows 7 comparable homes in RAILYARD CONDO; a buyer's market based on recent absorption. The 6 month price trend in 78701: fallen 24.1%. The best comp here is 1212 Guadalupe ST # 805, Austin TX 78701 at an adjusted value of $406,762, a strong comparable. The strength of this estimate comes from 7 directly comparable sales in RAILYARD CONDO. 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