2525 S Lamar BLVD # 1, Austin TX 78704

Looking at what buyers have actually paid for similar homes nearby, this property comes in at approximately $371,687. To generate strong buyer interest while maximizing value, I'd price this between $400,000 and $408,000. Among the similar homes currently available in SPACES CONDO, this price point stands out as competitive. The 2007 construction puts this home 9 years older than the comp average, a factor in the pricing. At 0.00 acres, the lot is smaller than the 2.83 acre comp average, which factors into pricing. The active market in SPACES CONDO includes 3 comparable homes priced from $385,000 to $449,900. The trend in 78704 shows prices have fallen 3.8% in the past 6 months. 2505 Thornton RD # 3211, Austin TX 78704 nearby adjusts to $357,488; a strong comparable. 7 comparable transactions in SPACES CONDO support the reliability of this estimate. As always, a data based estimate has its limits. Seeing the home in person is the best way to confirm value. Ed Neuhaus, Broker/Owner | Neuhaus Realty Group