2216 Thornton RD # 413, Austin TX 78704

The estimated value of this property is $563,132, based on 7 comparable sales within a mile. In today's market, I'd bring this home to market somewhere between $451,000 and $461,000. With 7 comparable homes on the market in CARRIAGE PARK CONDOS, this price positions the property as the 4th most expensive of 7 comparable homes on the market. The 136 sqft size difference versus comparable sales is reflected in the adjusted values. The 0.07 acre lot (smaller than the 1.19 acre average) is reflected in the estimate. With 7 similar homes currently listed in CARRIAGE PARK CONDOS (a buyer's market), competition is a factor to consider. Recent trends in 78704 show home values have fallen 2.7% since 6 months ago. The most comparable recent sale is 2216 Thornton RD # 221, Austin TX 78704, with an adjusted value of $437,932; a strong comparable. With 7 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