2450 WICKERSHAM # 503, Austin TX 78741

Based on 4 closed sales in CHAMONIX CONDOMINIUMS AMENDE, the data points to a value around $293,189 for this home. Given current inventory and recent sales, the sweet spot for listing this home is $169,000 to $179,000. This pricing would rank the home as the most expensive of 7 comparable homes on the market in CHAMONIX CONDOMINIUMS AMENDE's current inventory. This home's smaller footprint (316 sqft vs the comp average) plays a role in how the market prices it. Lot size matters here: 0.00 acres versus 0.12 for the typical comp. Right now, 7 similar properties are competing for buyers in CHAMONIX CONDOMINIUMS AMENDE, listed between $159,000 and $249,900. Market data shows 78741 prices fallen 3.5% over the last half year. The closest comparable sale, 2450 Wickersham LN # 1601, Austin TX 78741 at an adjusted $158,268, is with a larger floor plan. The strength of this estimate comes from 4 directly comparable sales in CHAMONIX CONDOMINIUMS AMENDE. 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