7 recent sales within half a mile of this address suggest a current value of $387,038. My recommended list price range for this property would be $418,000 to $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. 7 similar homes are currently available in SPACES CONDO, creating a buyer's market for this price range. In 78704, home values have fallen approximately 3.8% over the past 6 months. One of the strongest data points is 2505 Thornton RD # 3211, Austin TX 78704, adjusting to $340,902; a strong comparable. With 7 solid comps to draw from, the data tells a consistent story. Of course, without seeing the property in person, this is a data based estimate only.
Ed Neuhaus, Neuhaus Realty Group