210 Lavaca ST # 2209, Austin TX 78701

The market data from 5 similar recent sales in CONDO points to a value of approximately $475,751. To sell within a reasonable timeframe at fair market value, the $461,000 to $490,000 range is where I'd position this. Against 3 similar active listings in CONDO, this price point lands at the most expensive of 3 comparable homes on the market. The 2011 construction puts this home 8 years older than the comp average, a factor in the pricing. At 0.00 acres, the lot is smaller than the 0.06 acre comp average, which factors into pricing. With 3 similar homes currently listed in CONDO (a buyer's market), competition is a factor to consider. In 78701, home values have fallen approximately 24.1% over the past 6 months. One of the strongest data points is 501 West Ave # 1406, Austin TX 78701, adjusting to $435,974; a strong comparable. 5 comparable transactions in 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