2525 S Lamar BLVD # 302, Austin TX 78704

The estimated value of this property is $387,038, based on 7 comparable sales within half a mile. In today's market, I'd bring this home to market somewhere between $418,000 and $432,000. In the current SPACES CONDO market with 7 similar homes available, this price represents the 3rd least expensive of 7 comparable homes on the market. Built in 2007, this home is 7 years newer than the average comp, which is reflected in the adjustments. The 0.04 acre lot (smaller than the 1.16 acre average) is reflected in the estimate. There are currently 7 similar homes on the market in SPACES CONDO, ranging from $359,900 to $599,000. Recent trends in 78704 show home values have fallen 3.8% since 6 months ago. The most comparable recent sale is 2505 Thornton RD # 3211, Austin TX 78704, with an adjusted value of $340,902; a strong comparable. Based on 7 relevant data points in SPACES CONDO, I'm comfortable with this estimate. Without stepping inside, I can only go by what the data shows. An in person look would tell the full story. Ed Neuhaus, Neuhaus Realty Group | Austin, TX