201 E 4th ST # 236, Austin TX 78701

Based on 7 closed sales in RAILYARD CONDO, the data points to a value around $412,941 for this home. Given current inventory and recent sales, the sweet spot for listing this home is $336,000 to $346,000. Relative to what's currently available in RAILYARD CONDO, this home would be the 2nd least expensive of 7 comparable homes on the market. Being built in 1983 (16 years older than comps) is factored into the value estimate. Lot size matters here: 0.01 acres versus 0.04 for the typical comp. The active market in RAILYARD CONDO includes 7 comparable homes priced from $329,000 to $799,000. Market data shows 78701 prices fallen 24.1% over the last half year. The closest comparable sale, 360 Nueces ST # 1118, Austin TX 78701 at an adjusted $427,803, is 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