After reviewing 7 recent transactions in AKOYA CONDO, I estimate this property's value at $255,916. A competitive list price for this home right now would fall in the $286,000 to $294,000 range. Buyers shopping in AKOYA CONDO right now would see this as a well positioned option among 7 comparable homes. At 22 years newer than typical comps, the 2008 build date influences the valuation. The smaller lot (0.04 acres versus the area average of 0.60) contributes to the valuation. There are currently 7 similar homes on the market in AKOYA CONDO, ranging from $249,800 to $450,000. Prices in 78704 have fallen 1.8% over the last 6 months. A similar home at 2200 Dickson DR # 132, Austin TX 78704 carries an adjusted comparable value of $272,413, providing a strong data point. With 7 comparable sales in AKOYA CONDO, this estimate carries a reasonable degree of confidence. This estimate is based entirely on market data. An in person evaluation could refine it further.
Ed Neuhaus, Broker/Owner, Neuhaus Realty Group