2500 Steck Ave # 32, Austin TX 78757

After reviewing 7 recent transactions in PALM CONDO THE, I estimate this property's value at $248,289. A competitive list price for this home right now would fall in the $160,000 to $170,000 range. This pricing would rank the home as the most expensive of 4 comparable homes on the market in PALM CONDO THE's current inventory. At 6 years newer than typical comps, the 1986 build date influences the valuation. The smaller lot (0.04 acres versus the area average of 0.08) contributes to the valuation. With 4 similar homes currently listed in PALM CONDO THE (a buyer's market), competition is a factor to consider. Prices in 78757 have risen 14% over the last 6 months. A similar home at 2500 Steck Ave # 13, Austin TX 78757 carries an adjusted comparable value of $193,156, providing a strong data point. With 7 comparable sales in PALM CONDO THE, this estimate carries a reasonable degree of confidence. This estimate is based entirely on market data. An in person evaluation could refine it further. Ed Neuhaus, Broker/Owner, Neuhaus Realty Group