201 E 4th ST # 235, Austin TX 78701

Looking at what buyers have actually paid for similar homes nearby, this property comes in at approximately $409,068. To generate strong buyer interest while maximizing value, I'd price this between $329,000 and $339,000. With 7 comparable homes on the market in RAILYARD CONDO, this price positions the property as the 2nd least expensive of 7 comparable homes on the market. The 1983 construction puts this home 16 years older than the comp average, a factor in the pricing. At 0.01 acres, the lot is smaller than the 0.04 acre comp average, which factors into pricing. 7 similar homes are currently available in RAILYARD CONDO, creating a buyer's market for this price range. The trend in 78701 shows prices have fallen 24.1% in the past 6 months. 360 Nueces ST # 1118, Austin TX 78701 nearby adjusts to $419,703; a strong comparable. 7 comparable transactions in RAILYARD CONDO support the reliability of this estimate. As always, a data based estimate has its limits. Seeing the home in person is the best way to confirm value. Ed Neuhaus, Broker/Owner | Neuhaus Realty Group