2205 N Lamar BLVD # 321, Austin TX 78705

Reviewing the most recent comparable transactions, this home's market value falls around $562,772. For a well positioned listing in CASWELL LOFTS CONDO, I'd target the $332,000 to $342,000 range. Against 7 similar active listings in CASWELL LOFTS CONDO, this price point lands at the 3rd most expensive of 7 comparable homes on the market. The 2008 construction puts this home 49 years newer than the comp average, a factor in the pricing. At 0.03 acres, the lot is smaller than the 0.11 acre comp average, which factors into pricing. With 7 similar homes currently listed in CASWELL LOFTS CONDO (a buyer's market), competition is a factor to consider. Recent trends in 78705 show home values have fallen 12% since 6 months ago. The most comparable recent sale is 2205 N Lamar BLVD # 523, Austin TX 78705, with an adjusted value of $435,125; a strong comparable. 7 comparable transactions in CASWELL LOFTS CONDO support the reliability of this estimate. As always, a data based estimate has its limits. Seeing the home in person is the best way to confirm value. Ed Neuhaus, Broker/Owner | Neuhaus Realty Group