2525 S Lamar BLVD # 305, Austin TX 78704

Reviewing the most recent comparable transactions, this home's market value falls around $549,298. For a well positioned listing in SPACES CONDO, I'd target the $719,000 to $750,000 range. At this price, the property would be the 3rd most expensive of 5 comparable homes on the market comparable homes currently on the market in SPACES CONDO. The 2007 construction puts this home 5 years older than the comp average, a factor in the pricing. At 0.05 acres, the lot is smaller than the 1.72 acre comp average, which factors into pricing. Buyers in SPACES CONDO have 5 comparable options right now, with asking prices between $450,000 and $825,000. Recent trends in 78704 show home values have fallen 3.8% since 6 months ago. The most comparable recent sale is 2525 Lamar BLVD # 215, Austin TX 78704, with an adjusted value of $535,600; 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