3001 Cedar ST # 312, Austin TX 78705

The estimated value of this property is $318,828, based on 7 comparable sales within a few blocks. In today's market, I'd bring this home to market somewhere between $349,000 and $359,000. With 7 comparable homes on the market in BENCHMARK CONDOMINIUMS, this price positions the property as the most affordable of 7 comparable homes on the market. The 0.00 acre lot (smaller than the 0.04 acre average) is reflected in the estimate. 7 similar homes are currently available in BENCHMARK CONDOMINIUMS, creating a buyer's market for this price range. Recent trends in 78705 show home values have fallen 10% since 6 months ago. The most comparable recent sale is 203 E 31st ST # 304, Austin TX 78705, with an adjusted value of $315,550; a strong comparable. 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