2500 Longview ST # 506, Austin TX 78705

Taking into account 7 nearby comparable sales, this property's estimated value comes to $304,385. If we were to list this property today, I'd recommend a list price in the $207,000 to $217,000 range. This would position the home competitively among 7 active listings in CASCADE. At 113 sqft larger than the typical comp, the size difference factors into the valuation. Being built in 2021 (8 years newer than comps) is factored into the value estimate. Current inventory shows 7 comparable homes in CASCADE; a buyer's market based on recent absorption. The 6 month price trend in CASCADE: fallen 31.8%. The best comp here is 2500 Longview ST # 101, Austin TX 78705 at an adjusted value of $377,520, with a smaller floor plan. This estimate draws on 7 comparable sales, offering a reliable picture of market value. That said, this is a data only estimate. A walkthrough could change the picture. Want a detailed analysis for a home you're considering? I'm happy to help. Ed Neuhaus