After reviewing 7 recent transactions in CENTURY PARK CONDO, I estimate this property's value at $339,468. A competitive list price for this home right now would fall in the $251,000 to $261,000 range. This pricing would rank the home as the most expensive of 3 comparable homes on the market in CENTURY PARK CONDO's current inventory. At 18 years newer than typical comps, the 2003 build date influences the valuation. The smaller lot (0.10 acres versus the area average of 0.16) contributes to the valuation. Buyers in CENTURY PARK CONDO have 3 comparable options right now, with asking prices between $265,000 and $299,000. Prices in 78727 have fallen 7.4% over the last 6 months. A similar home at 2632 Century Park BLVD # 18, Austin TX 78727 carries an adjusted comparable value of $235,200, providing a strong data point. With 7 comparable sales in CENTURY PARK CONDO, 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
