2525 S Lamar BLVD # 214, Austin TX 78704

Based on what similar homes have actually sold for within half a mile, I'd place this property's value at $515,504. I'd recommend coming to market at $537,000 to $742,000 to strike the right balance between value and market velocity. In the current SPACES CONDO market with 4 similar homes available, this price represents the 2nd least expensive of 4 comparable homes on the market. The 125 sqft size difference versus comparable sales is reflected in the adjusted values. Built in 2007, this home is 6 years older than the average comp, which is reflected in the adjustments. Buyers in SPACES CONDO have 4 comparable options right now, with asking prices between $450,000 and $825,000. The trend in 78704 shows prices have fallen 3.8% in the past 6 months. 2525 Lamar BLVD # 215, Austin TX 78704 nearby adjusts to $537,468; 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