202 NUECES ST # 1202, Austin TX 78701

Based on what similar homes have actually sold for within half a mile, I'd place this property's value at $1,430,075. I'd recommend coming to market at $869,000 to $879,000 to strike the right balance between value and market velocity. Against 3 similar active listings in BLOCK CONDOS, this price point lands at the most expensive of 3 comparable homes on the market. The 116 sqft size difference versus comparable sales is reflected in the adjusted values. The 0.00 acre lot (smaller than the 0.09 acre average) is reflected in the estimate. Current inventory shows 3 comparable homes in BLOCK CONDOS; a buyer's market based on recent absorption. The trend in 78701 shows prices have fallen 13.9% in the past 6 months. 301 West Ave # 4703, Austin TX 78701 nearby adjusts to $1,959,788; a strong comparable. With 5 solid comps to draw from, the data tells a consistent story. Of course, without seeing the property in person, this is a data based estimate only. Ed Neuhaus, Neuhaus Realty Group