2401 E 6th ST # 3040, Austin TX 78702

After adjusting 7 comparable sales for differences in size, age, and features, this home's estimated value is $473,593. Pricing this home between $459,000 and $488,000 would put it in the competitive sweet spot for PEDERNALES CONDO. This pricing would rank the home as below the only comparable home currently on the market in PEDERNALES CONDO's current inventory. The smaller lot (0.04 acres versus the area average of 0.09) contributes to the valuation. Current inventory shows 1 comparable homes in PEDERNALES CONDO; a buyer's market based on recent absorption. Market data shows 78702 prices fallen 2.2% over the last half year. The closest comparable sale, 2804 S 1st ST # 1112, Austin TX 78704 at an adjusted $407,058, is with a larger floor plan. With 7 comparable sales in PEDERNALES CONDO, this estimate carries a reasonable degree of confidence. This estimate is based entirely on market data. An in person evaluation could refine it further. Ed Neuhaus, Broker/Owner, Neuhaus Realty Group