2500 Steck Ave # 12, Austin TX 78757

The estimated value of this property is $248,289, based on 7 comparable sales in the surrounding area. In today's market, I'd bring this home to market somewhere between $160,000 and $170,000. With 4 comparable homes on the market in PALM CONDO THE, this price positions the property as the most expensive of 4 comparable homes on the market. Built in 1986, this home is 6 years newer than the average comp, which is reflected in the adjustments. The 0.04 acre lot (smaller than the 0.08 acre average) is reflected in the estimate. With 4 similar homes currently listed in PALM CONDO THE (a buyer's market), competition is a factor to consider. Recent trends in 78757 show home values have risen 14% since 6 months ago. The most comparable recent sale is 2500 Steck Ave # 13, Austin TX 78757, with an adjusted value of $193,156; with a smaller floor plan. With 7 solid comps to draw from, the data tells a consistent story. Of course, without seeing the property in person, this is a data based estimate only. Ed Neuhaus, Neuhaus Realty Group