The comparable sales data (7 recent transactions in WESTPLACE CONDO) supports an estimated value of $294,643. The data suggests a list price between $299,000 and $305,000 would attract qualified buyers without leaving money on the table. This would position the home competitively among 7 active listings in WESTPLACE CONDO. Right now, 7 similar properties are competing for buyers in WESTPLACE CONDO, listed between $264,900 and $339,900. Prices in 78705 have fallen 13.1% over the last 6 months. A similar home at 2804 Rio Grande ST # 211, Austin TX 78705 carries an adjusted comparable value of $305,378, providing a strong data point. This estimate draws on 7 comparable sales, offering a reliable picture of market value. That said, this is a data only estimate. A walkthrough could change the picture. Want a detailed analysis for a home you're considering? I'm happy to help.
Ed Neuhaus