2500 Burleson RD # 608, Austin TX 78741

The market data from 7 similar recent sales in WOODLANDS CONDO points to a value of approximately $146,792. To sell within a reasonable timeframe at fair market value, the $147,000 to $160,000 range is where I'd position this. At this price, the property would be no active comparable homes on the market comparable homes currently on the market in WOODLANDS CONDO. The 435 sqft size difference versus comparable sales is reflected in the adjusted values. At 0.02 acres, the lot is smaller than the 0.05 acre comp average, which factors into pricing. In 78741, home values have fallen approximately 1.1% over the past 6 months. One of the strongest data points is 2500 Burleson RD # 710, Austin TX 78741, adjusting to $123,394; with a larger floor plan. 7 comparable transactions in WOODLANDS CONDO support the reliability of this estimate. As always, a data based estimate has its limits. Seeing the home in person is the best way to confirm value. Ed Neuhaus, Broker/Owner | Neuhaus Realty Group