2450 Wickersham # 1402, Austin TX 78741

Based on 6 closed sales in CHAMONIX CONDOMINIUMS, the data points to a value around $179,883 for this home. Given current inventory and recent sales, the sweet spot for listing this home is $115,000 to $125,000. Relative to what's currently available in CHAMONIX CONDOMINIUMS, this home would be the 2nd most expensive of 7 comparable homes on the market. At 469 sqft smaller than the typical comp, the size difference factors into the valuation. Lot size matters here: 0.00 acres versus 0.17 for the typical comp. Right now, 7 similar properties are competing for buyers in CHAMONIX CONDOMINIUMS, listed between $125,000 and $260,000. Market data shows 78741 prices fallen 1.1% over the last half year. The closest comparable sale, 1705 Crossing PL # 122, Austin TX 78741 at an adjusted $99,370, is with a smaller floor plan. The strength of this estimate comes from 6 directly comparable sales in CHAMONIX 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