The estimated value of this property is $456,064, based on 7 comparable sales in the surrounding area. In today's market, I'd bring this home to market somewhere between $149,000 and $159,000. Among the similar homes currently available in TOLLGATE CONDO, this price point stands out as competitive. At 352 sqft smaller than the typical comp, the size difference factors into the valuation. The 0.04 acre lot (smaller than the 0.12 acre average) is reflected in the estimate. 3 similar homes are currently available in TOLLGATE CONDO, creating a buyer's market for this price range. Recent trends in 78741 show home values have fallen 2.5% since 6 months ago. The most comparable recent sale is 2124 Burton DR # 164, Austin TX 78741, with an adjusted value of $158,500; a strong comparable. With 7 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