2906 West Ave # 5, Austin TX 78705

The market data from 7 similar recent sales in PECAN SQUARE CONDOMINIUMS points to a value of approximately $297,374. To sell within a reasonable timeframe at fair market value, the $343,000 to $353,000 range is where I'd position this. With 7 comparable homes on the market in PECAN SQUARE CONDOMINIUMS, this price positions the property as the most affordable of 7 comparable homes on the market. At 0.00 acres, the lot is smaller than the 0.05 acre comp average, which factors into pricing. 7 similar homes are currently available in PECAN SQUARE CONDOMINIUMS, creating a buyer's market for this price range. In 78705, home values have fallen approximately 20.3% over the past 6 months. One of the strongest data points is 806 W 24th ST # 210, Austin TX 78705, adjusting to $311,225; a strong comparable. The 7 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