After adjusting 3 comparable sales for differences in size, age, and features, this home's estimated value is $318,681. Pricing this home between $340,000 and $346,000 would put it in the competitive sweet spot for PEARL STREET CONDO. Relative to what's currently available in PEARL STREET CONDO, this home would be the 3rd most expensive of 6 comparable homes on the market. 6 similar homes are currently available in PEARL STREET CONDO, creating a buyer's market for this price range. Market data shows 78705 prices fallen 17.4% over the last half year. The closest comparable sale, 3601 Lawton Ave # 1, Austin TX 78731 at an adjusted $345,889, is a strong comparable. With 3 comparable sales in PEARL STREET 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