2500 Steck Ave # 38, Austin TX 78757

Based on 7 closed sales in PALM CONDO THE, the data points to a value around $248,315 for this home. Given current inventory and recent sales, the sweet spot for listing this home is $160,000 to $170,000. This pricing would rank the home as the most expensive of 4 comparable homes on the market in PALM CONDO THE's current inventory. Being built in 1986 (6 years newer than comps) is factored into the value estimate. Lot size matters here: 0.05 acres versus 0.08 for the typical comp. The active market in PALM CONDO THE includes 4 comparable homes priced from $179,999 to $250,000. Market data shows 78757 prices risen 14% over the last half year. The closest comparable sale, 2500 Steck Ave # 13, Austin TX 78757 at an adjusted $193,191, is with a smaller floor plan. The strength of this estimate comes from 7 directly comparable sales in PALM CONDO THE. This is strictly a numbers based opinion. Condition, upgrades, and layout can shift value in ways data cannot capture. Have questions? I'm always available. Ed Neuhaus, Neuhaus Realty Group