Based on what similar homes have actually sold for within a mile, I'd place this property's value at $323,648. I'd recommend coming to market at $239,000 to $249,000 to strike the right balance between value and market velocity. In the current CENTURY PARK CONDO market with 6 similar homes available, this price represents the most expensive of 6 comparable homes on the market. Built in 2003, this home is 10 years newer than the average comp, which is reflected in the adjustments. The active market in CENTURY PARK CONDO includes 6 comparable homes priced from $239,900 to $325,000. The trend in 78727 shows prices have risen 1.7% in the past 6 months. 2632 Century Park BLVD # 34, Austin TX 78727 nearby adjusts to $281,075; 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