3001 A Cedar ST # 314, Austin TX 78705

The estimated value of this property is $697,850, based on 7 comparable sales within half a mile. In today's market, I'd bring this home to market somewhere between $684,000 and $712,000. In the current BENCHMARK CONDOMINIUMS market with 3 similar homes available, this price represents the most expensive of 3 comparable homes on the market. Being 495 sqft smaller than the average comparable sale in this area impacts the per square foot value. The 0.02 acre lot (smaller than the 0.15 acre average) is reflected in the estimate. Right now, 3 similar properties are competing for buyers in BENCHMARK CONDOMINIUMS, listed between $498,000 and $615,000. Recent trends in 78705 show home values have risen 3% since 6 months ago. The most comparable recent sale is 712 Harris Ave # 1, Austin TX 78705, with an adjusted value of $575,788; with a larger floor plan. Based on 7 relevant data points in BENCHMARK CONDOMINIUMS, I'm comfortable with this estimate. Without stepping inside, I can only go by what the data shows. An in person look would tell the full story. Ed Neuhaus, Neuhaus Realty Group | Austin, TX