After adjusting 5 comparable sales for differences in size, age, and features, this home's estimated value is $220,190. Pricing this home between $214,000 and $227,000 would put it in the competitive sweet spot for PEARL 01 CONDO. This pricing would rank the home as the 2nd most expensive of 3 comparable homes on the market in PEARL 01 CONDO's current inventory. The active market in PEARL 01 CONDO includes 3 comparable homes priced from $220,000 to $285,000. Market data shows 78705 prices fallen 21.5% over the last half year. The closest comparable sale, 1905 San Gabriel ST # 204, Austin TX 78705 at an adjusted $200,223, is a strong comparable. The comp data here (5 sales in PEARL 01 CONDO) gives us a clear read on this home's value. Important to note: this valuation is based on comparable sales data, not a physical inspection of the property.
Curious about your home's value? Get a free estimate here. Ed Neuhaus