2205 Independence DR, Austin TX 78745

Reviewing the most recent comparable transactions, this home's market value falls around $564,631. For a well positioned listing in INDEPENDENCE PARK CONDO, I'd target the $635,000 to $636,000 range. With 3 comparable homes on the market in INDEPENDENCE PARK CONDO, this price positions the property as the most affordable of 3 comparable homes on the market. Being 103 sqft larger than the average comparable sale in this area impacts the per square foot value. The 2007 construction puts this home 5 years older than the comp average, a factor in the pricing. 3 similar homes are currently available in INDEPENDENCE PARK CONDO, creating a buyer's market for this price range. Recent trends in 78745 show home values have fallen 4.7% since 6 months ago. The most comparable recent sale is 6116 Whipple WAY, Austin TX 78745, with an adjusted value of $590,440; a strong comparable. The 4 comps used here provide a solid foundation for this valuation. Keep in mind, I have not personally inspected this property. The numbers are data driven, not firsthand. Questions about this property or this area? Reach out anytime. Ed Neuhaus, Neuhaus Realty Group