2509 Pearl ST # 6, Austin TX 78705

The market data from 7 similar recent sales in VALENCIA CONDO points to a value of approximately $317,300. To sell within a reasonable timeframe at fair market value, the $253,000 to $263,000 range is where I'd position this. In the current VALENCIA CONDO market with 7 similar homes available, this price represents the 4th most expensive of 7 comparable homes on the market. At 0.02 acres, the lot is smaller than the 0.06 acre comp average, which factors into pricing. With 7 similar homes currently listed in VALENCIA CONDO (a buyer's market), competition is a factor to consider. In 78705, home values have fallen approximately 10% over the past 6 months. One of the strongest data points is 2401 NW Leon ST # 110, Austin TX 78705, adjusting to $244,600; a strong comparable. The 7 comps used here provide a solid foundation for this valuation. Keep in mind, I have not personally inspected this property. The numbers are data driven, not firsthand. Questions about this property or this area? Reach out anytime. Ed Neuhaus, Neuhaus Realty Group