202 Nueces ST # 1403, Austin TX 78701

The market data from 6 similar recent sales in TIN PROPER points to a value of approximately $601,949. To sell within a reasonable timeframe at fair market value, the $438,000 to $448,000 range is where I'd position this. In the current TIN PROPER market with 7 similar homes available, this price represents the 3rd least expensive of 7 comparable homes on the market. At 0.00 acres, the lot is smaller than the 0.10 acre comp average, which factors into pricing. There are currently 7 similar homes on the market in TIN PROPER, ranging from $400,000 to $925,000. In 78701, home values have fallen approximately 3.3% over the past 6 months. One of the strongest data points is 800 Embassy DR # 210, Austin TX 78702, adjusting to $413,990; a strong comparable. The 6 comps used here provide a solid foundation for this valuation. Keep in mind, I have not personally inspected this property. The numbers are data driven, not firsthand. Questions about this property or this area? Reach out anytime. Ed Neuhaus, Neuhaus Realty Group