Based on what similar homes have actually sold for within a few blocks, I'd place this property's value at $321,199. I'd recommend coming to market at $340,000 to $349,000 to strike the right balance between value and market velocity. In the current STONELEIGH CONDO market with 7 similar homes available, this price represents the most affordable of 7 comparable homes on the market. Right now, 7 similar properties are competing for buyers in STONELEIGH CONDO, listed between $319,000 and $375,000. The trend in STONELEIGH CONDO shows prices have fallen 24.9% in the past 6 months. 807 W 25th ST # 307, Austin TX 78705 nearby adjusts to $310,811; a strong comparable. Based on 7 relevant data points in STONELEIGH CONDO, I'm comfortable with this estimate. Without stepping inside, I can only go by what the data shows. An in person look would tell the full story.
Ed Neuhaus, Neuhaus Realty Group | Austin, TX