300 Bowie ST # 3704, Austin TX 78703

Reviewing the most recent comparable transactions, this home's market value falls around $414,628. For a well positioned listing in 78703, I'd target the $276,000 to $286,000 range. In the current 78703 market with 7 similar homes available, this price represents the 4th most expensive of 7 comparable homes on the market. The 2007 construction puts this home 5 years older than the comp average, a factor in the pricing. At 0.00 acres, the lot is smaller than the 0.38 acre comp average, which factors into pricing. There are currently 7 similar homes on the market in 78703, ranging from $275,000 to $580,000. Recent trends in 78703 show home values have fallen 1.3% since 6 months ago. The most comparable recent sale is 222 WEST Ave # 1710, Austin TX 78701, with an adjusted value of $271,620; a strong comparable. The 3 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