3001 Cedar ST # 101, Austin TX 78705

The estimated value of this property is $367,130, based on 4 comparable sales within half a mile. In today's market, I'd bring this home to market somewhere between $290,000 and $300,000. With 7 comparable homes on the market in BENCHMARK CONDO, this price positions the property as the 4th most expensive of 7 comparable homes on the market. Being 165 sqft larger than the average comparable sale in this area impacts the per square foot value. There are currently 7 similar homes on the market in BENCHMARK CONDO, ranging from $269,888 to $399,000. Recent trends in 78705 show home values have fallen 17.3% since 6 months ago. The most comparable recent sale is 3200 Duval ST # 309, Austin TX 78705, with an adjusted value of $371,547; with a larger floor plan. Based on 4 relevant data points in BENCHMARK CONDO, 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