Looking at what buyers have actually paid for similar homes nearby, this property comes in at approximately $395,475. To generate strong buyer interest while maximizing value, I'd price this between $232,000 and $242,000. Against 5 similar active listings in EAST END FLATS, this price point lands at the most expensive of 5 comparable homes on the market. The 384 sqft size difference versus comparable sales is reflected in the adjusted values. The 2008 construction puts this home 12 years newer than the comp average, a factor in the pricing. The active market in EAST END FLATS includes 5 comparable homes priced from $209,000 to $389,000. The trend in 78702 shows prices have fallen 2.2% in the past 6 months. 1181 Ridgeway DR, Austin TX 78702 nearby adjusts to $421,478; with a larger floor plan. 7 comparable transactions in EAST END FLATS support the reliability of this estimate. As always, a data based estimate has its limits. Seeing the home in person is the best way to confirm value.
Ed Neuhaus, Broker/Owner | Neuhaus Realty Group