2205 N Lamar BLVD # 223, Austin TX 78705

Based on what similar homes have actually sold for in the surrounding area, I'd place this property's value at $452,254. I'd recommend coming to market at $479,000 to $546,000 to strike the right balance between value and market velocity. With 7 comparable homes on the market in CASWELL LOFTS CONDO, this price positions the property as the 4th most expensive of 7 comparable homes on the market. The 110 sqft size difference versus comparable sales is reflected in the adjusted values. 7 similar homes are currently available in CASWELL LOFTS CONDO, creating a buyer's market for this price range. The trend in 78705 shows prices have fallen 20.2% in the past 6 months. 3016 Guadalupe ST # 308, Austin TX 78705 nearby adjusts to $407,215; with a smaller floor plan. With 3 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