2216 Independence DR # A77, Austin TX 78745

Reviewing the most recent comparable transactions, this home's market value falls around $531,983. For a well positioned listing in INDEPENDENCE PARK CONDO, I'd target the $585,000 to $615,000 range. Among the similar homes currently available in INDEPENDENCE PARK CONDO, this price point stands out as competitive. The 2007 construction puts this home 5 years older than the comp average, a factor in the pricing. At 0.21 acres, the lot is larger than the 0.17 acre comp average, which factors into pricing. Current inventory shows 4 comparable homes in INDEPENDENCE PARK CONDO; a buyer's market based on recent absorption. Recent trends in 78745 show home values have fallen 5.2% since 6 months ago. The most comparable recent sale is 2321 Amur DR, Austin TX 78745, with an adjusted value of $614,744; a strong comparable. 7 comparable transactions in INDEPENDENCE PARK 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