2500 Burleson RD # 722, Austin TX 78741

The market data from 3 similar recent sales in WOODLANDS CONDO points to a value of approximately $156,446. To sell within a reasonable timeframe at fair market value, the $172,000 to $179,000 range is where I'd position this. At this price, the property would be the 3rd most expensive of 7 comparable homes on the market comparable homes currently on the market in WOODLANDS CONDO. At 0.00 acres, the lot is smaller than the 0.07 acre comp average, which factors into pricing. With 7 similar homes currently listed in WOODLANDS CONDO (a buyer's market), competition is a factor to consider. In 78741, home values have fallen approximately 8.9% over the past 6 months. One of the strongest data points is 2124 Burton DR # 164, Austin TX 78741, adjusting to $137,303; a strong comparable. The 3 comps used here provide a solid foundation for this valuation. Keep in mind, I have not personally inspected this property. The numbers are data driven, not firsthand. Questions about this property or this area? Reach out anytime. Ed Neuhaus, Neuhaus Realty Group