2500 Longview ST # 306, Austin TX 78705

The market data from 7 similar recent sales in CASCADE CONDOMINIUMS points to a value of approximately $377,761. To sell within a reasonable timeframe at fair market value, the $207,000 to $217,000 range is where I'd position this. At this price, the property would be the 4th most expensive of 7 comparable homes on the market comparable homes currently on the market in CASCADE CONDOMINIUMS. The 2022 construction puts this home 11 years newer than the comp average, a factor in the pricing. At 0.99 acres, the lot is larger than the 0.01 acre comp average, which factors into pricing. With 7 similar homes currently listed in CASCADE CONDOMINIUMS (a buyer's market), competition is a factor to consider. In 78705, home values have fallen approximately 12% over the past 6 months. One of the strongest data points is 2500 Longview ST # 506, Austin TX 78705, adjusting to $482,890; a strong comparable. 7 comparable transactions in CASCADE CONDOMINIUMS 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