2301 LAWNMONT Ave # 17, Austin TX 78756

Based on 6 closed sales in HERITAGE SQUARE CONDOMINIUMS, the data points to a value around $277,889 for this home. Given current inventory and recent sales, the sweet spot for listing this home is $223,000 to $233,000. This home's position in the current HERITAGE SQUARE CONDOMINIUMS market: the most expensive of 3 comparable homes on the market among comparable properties. Being built in 1982 (8 years newer than comps) is factored into the value estimate. Lot size matters here: 0.00 acres versus 0.06 for the typical comp. With 3 similar homes currently listed in HERITAGE SQUARE CONDOMINIUMS (a balanced market), competition is a factor to consider. Market data shows 78756 prices fallen 17.5% over the last half year. The closest comparable sale, 2300 Hancock DR # 2, Austin TX 78756 at an adjusted $318,142, is a strong comparable. The strength of this estimate comes from 6 directly comparable sales in HERITAGE SQUARE CONDOMINIUMS. 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