2421 Independence DR # 102, Austin TX 78745

Based on what similar homes have actually sold for within a mile, I'd place this property's value at $510,321. I'd recommend coming to market at $422,000 to $432,000 to strike the right balance between value and market velocity. Against 4 similar active listings in INDEPENDENCE PARK CONDO, this price point lands at the most expensive of 4 comparable homes on the market. At 132 sqft larger than the typical comp, the size difference factors into the valuation. Current inventory shows 4 comparable homes in INDEPENDENCE PARK CONDO; a buyer's market based on recent absorption. The trend in 78745 shows prices have risen 1.3% in the past 6 months. 2509 Lightfoot TRL, Austin TX 78745 nearby adjusts to $658,118; a strong comparable. With 5 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