210 Lavaca ST # 3012, Austin TX 78701

My analysis of 5 comparable properties puts this home's estimated value at $475,973. Based on how the local market is moving, a list price between $462,000 and $490,000 would position this home well. Buyers shopping in CONDO right now would see this as a well positioned option among 3 comparable homes. At 8 years older than typical comps, the 2011 build date influences the valuation. The smaller lot (0.00 acres versus the area average of 0.06) contributes to the valuation. Current inventory shows 3 comparable homes in CONDO; a buyer's market based on recent absorption. The 6 month price trend in 78701: fallen 24.1%. The best comp here is 501 West Ave # 1406, Austin TX 78701 at an adjusted value of $436,301, a strong comparable. The comp data here (5 sales in CONDO) gives us a clear read on this home's value. Important to note: this valuation is based on comparable sales data, not a physical inspection of the property. Curious about your home's value? Get a free estimate here. Ed Neuhaus