2450 Wickersham LN # 718, Austin TX 78741

After reviewing 7 recent transactions in CHAMONIX CONDO, I estimate this property's value at $166,468. A competitive list price for this home right now would fall in the $121,000 to $131,000 range. Relative to what's currently available in CHAMONIX CONDO, this home would be the 2nd most expensive of 5 comparable homes on the market. This home's smaller footprint (426 sqft vs the comp average) plays a role in how the market prices it. At 5 years older than typical comps, the 1985 build date influences the valuation. With 5 similar homes currently listed in CHAMONIX CONDO (a buyer's market), competition is a factor to consider. Prices in CHAMONIX CONDO have risen 12% over the last 6 months. A similar home at 2450 Wickersham LN # 712, Austin TX 78741 carries an adjusted comparable value of $155,676, providing a strong data point. With 7 comparable sales in CHAMONIX CONDO, this estimate carries a reasonable degree of confidence. This estimate is based entirely on market data. An in person evaluation could refine it further. Ed Neuhaus, Broker/Owner, Neuhaus Realty Group