2101 N Lamar BLVD # 6, Austin TX 78705

After reviewing 7 recent transactions in LA TERRAZA CONDO, I estimate this property's value at $1,086,152. A competitive list price for this home right now would fall in the $850,000 to $860,000 range. This would position the home competitively among 7 active listings in LA TERRAZA CONDO. At 20 years newer than typical comps, the 2001 build date influences the valuation. The smaller lot (0.07 acres versus the area average of 0.14) contributes to the valuation. Current inventory shows 7 comparable homes in LA TERRAZA CONDO; a buyer's market based on recent absorption. Prices in 78705 have fallen 11.7% over the last 6 months. A similar home at 3612 Oakmont BLVD, Austin TX 78731 carries an adjusted comparable value of $844,572, providing a strong data point. The comp data here (7 sales in LA TERRAZA 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