2600 PENNY LN # 120, Austin TX 78757

My analysis of 7 comparable properties puts this home's estimated value at $521,947. Based on how the local market is moving, a list price between $203,000 and $213,000 would position this home well. Buyers shopping in VICTORIA SQUARE CONDOMINIUMS right now would see this as a well positioned option among 7 comparable homes. At 5 years newer than typical comps, the 1969 build date influences the valuation. The smaller lot (0.04 acres versus the area average of 0.21) contributes to the valuation. There are currently 7 similar homes on the market in VICTORIA SQUARE CONDOMINIUMS, ranging from $175,000 to $624,998. The 6 month price trend in 78757: risen 3.9%. The best comp here is 8310 Millway DR, Austin TX 78757 at an adjusted value of $550,225, a strong comparable. With 7 comparable sales in VICTORIA SQUARE CONDOMINIUMS, this estimate carries a reasonable degree of confidence. This estimate is based entirely on market data. An in person evaluation could refine it further. Ed Neuhaus, Broker/Owner, Neuhaus Realty Group