2525 S Lamar BLVD # 13, Austin TX 78704

My analysis of 7 comparable properties puts this home's estimated value at $411,755. Based on how the local market is moving, a list price between $288,000 and $298,000 would position this home well. This pricing would rank the home as the 3rd least expensive of 7 comparable homes on the market in SPACES CONDO's current inventory. At 7 years older than typical comps, the 2007 build date influences the valuation. The smaller lot (0.04 acres versus the area average of 2.84) contributes to the valuation. There are currently 7 similar homes on the market in SPACES CONDO, ranging from $299,000 to $675,000. The 6 month price trend in 78704: fallen 3.8%. The best comp here is 210 Lee Barton DR # 314, Austin TX 78704 at an adjusted value of $624,298, a strong comparable. With 7 comparable sales in SPACES CONDO, 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