2600 Penny LN # 125, Austin TX 78757

The market data from 7 similar recent sales in VICTORIA SQUARE CONDO points to a value of approximately $408,207. To sell within a reasonable timeframe at fair market value, the $220,000 to $230,000 range is where I'd position this. At this price, the property would be the 3rd least expensive of 7 comparable homes on the market comparable homes currently on the market in VICTORIA SQUARE CONDO. The larger floor plan (124 sqft compared to the average comp) is a meaningful differentiator in this price range. At 0.04 acres, the lot is smaller than the 0.15 acre comp average, which factors into pricing. 7 similar homes are currently available in VICTORIA SQUARE CONDO, creating a buyer's market for this price range. In 78757, home values have risen approximately 14% over the past 6 months. One of the strongest data points is 8012 Stillwood LN, Austin TX 78757, adjusting to $453,244; 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