The comparable sales data (3 recent transactions in TRAVIS OAKS CONDO) supports an estimated value of $370,754. The data suggests a list price between $307,000 and $317,000 would attract qualified buyers without leaving money on the table. This pricing would rank the home as the most expensive of 3 comparable homes on the market in TRAVIS OAKS CONDO's current inventory. Being built in 1981 (8 years newer than comps) is factored into the value estimate. With 3 similar homes currently listed in TRAVIS OAKS CONDO (a buyer's market), competition is a factor to consider. Prices in 78704 have fallen 3.8% over the last 6 months. A similar home at 2215 Post RD # 1034, Austin TX 78704 carries an adjusted comparable value of $335,922, providing a strong data point. The strength of this estimate comes from 3 directly comparable sales in TRAVIS OAKS CONDO. This is strictly a numbers based opinion. Condition, upgrades, and layout can shift value in ways data cannot capture. Have questions? I'm always available.
Ed Neuhaus, Neuhaus Realty Group