2920 Salado ST # 701, Austin TX 78705

The market data from 7 similar recent sales in 78705 points to a value of approximately $422,695. To sell within a reasonable timeframe at fair market value, the $337,000 to $347,000 range is where I'd position this. In the current 78705 market with 6 similar homes available, this price represents the most expensive of 6 comparable homes on the market. Buyers in 78705 have 6 comparable options right now, with asking prices between $325,000 and $424,900. In 78705, home values have fallen approximately 18.9% over the past 6 months. One of the strongest data points is 510 W 18th ST # 106, Austin TX 78701, adjusting to $572,980; 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