Reviewing the most recent comparable transactions, this home's market value falls around $205,501. For a well positioned listing in STAR WEST CONDO, I'd target the $232,000 to $245,000 range. At this price, the property would be the 2nd least expensive of 5 comparable homes on the market comparable homes currently on the market in STAR WEST CONDO. The 1962 construction puts this home 20 years older than the comp average, a factor in the pricing. Right now, 5 similar properties are competing for buyers in STAR WEST CONDO, listed between $219,900 and $250,000. Recent trends in 78705 show home values have fallen 18.8% since 6 months ago. The most comparable recent sale is 2404 Longview ST # 206, Austin TX 78705, with an adjusted value of $202,020; a strong comparable. 7 comparable transactions in STAR WEST 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