Looking at what buyers have actually paid for similar homes nearby, this property comes in at approximately $1,431,294. To generate strong buyer interest while maximizing value, I'd price this between $1,388,000 and $1,474,000. In the current DAVENPORT RIM CONDO market with 3 similar homes available, this price represents the most affordable of 3 comparable homes on the market. At 0.29 acres, the lot is smaller than the 0.34 acre comp average, which factors into pricing. 3 similar homes are currently available in DAVENPORT RIM CONDO, creating a buyer's market for this price range. The trend in 78746 shows prices have risen 3% in the past 6 months. 2800 Waymaker WAY # 40, Austin TX 78746 nearby adjusts to $1,131,000; with a smaller floor plan. The 5 comps used here provide a solid foundation for this valuation. Keep in mind, I have not personally inspected this property. The numbers are data driven, not firsthand. Questions about this property or this area? Reach out anytime.
Ed Neuhaus, Neuhaus Realty Group