2600 Penny LN # 105, Austin TX 78757

Reviewing the most recent comparable transactions, this home's market value falls around $204,604. For a well positioned listing in VICTORIA SQUARE CONDO, I'd target the $201,000 to $209,000 range. At this price, the property would be the 3rd most expensive of 7 comparable homes on the market comparable homes currently on the market in VICTORIA SQUARE CONDO. The 1969 construction puts this home 11 years older than the comp average, a factor in the pricing. At 0.03 acres, the lot is smaller than the 0.09 acre comp average, which factors into pricing. 7 similar homes are currently available in VICTORIA SQUARE CONDO, creating a balanced market for this price range. Recent trends in 78757 show home values have fallen 3.1% since 6 months ago. The most comparable recent sale is 7920 Rockwood LN # 240, Austin TX 78757, with an adjusted value of $201,929; a strong comparable. 7 comparable transactions in VICTORIA SQUARE 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