Looking at what buyers have actually paid for similar homes nearby, this property comes in at approximately $274,761. To generate strong buyer interest while maximizing value, I'd price this between $227,000 and $237,000. Among the similar homes currently available in COURTYARD CONDO, this price point stands out as competitive. The 1980 construction puts this home 7 years newer than the comp average, a factor in the pricing. At 0.02 acres, the lot is smaller than the 0.06 acre comp average, which factors into pricing. With 7 similar homes currently listed in COURTYARD CONDO (a buyer's market), competition is a factor to consider. The trend in 78704 shows prices have fallen 0.7% in the past 6 months. 2215 Post RD # 2029, Austin TX 78704 nearby adjusts to $263,427; a strong comparable. The 4 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