3001 CEDAR ST # 102, Austin TX 78705

Reviewing the most recent comparable transactions, this home's market value falls around $424,990. For a well positioned listing in BENCHMARK CONDOMINIUMS AMEND, I'd target the $272,000 to $282,000 range. With 7 comparable homes on the market in BENCHMARK CONDOMINIUMS AMEND, this price positions the property as the most expensive of 7 comparable homes on the market. At 0.00 acres, the lot is smaller than the 0.06 acre comp average, which factors into pricing. Right now, 7 similar properties are competing for buyers in BENCHMARK CONDOMINIUMS AMEND, listed between $229,900 and $390,000. Recent trends in 78705 show home values have fallen 12.8% since 6 months ago. The most comparable recent sale is 4015 Speedway # 1, Austin TX 78751, with an adjusted value of $359,825; with a larger floor plan. 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