3001 Cedar ST # 207, Austin TX 78705

The estimated value of this property is $339,805, based on 3 comparable sales within a few blocks. In today's market, I'd bring this home to market somewhere between $350,000 and $355,000. At this price, the property would be the 3rd least expensive of 7 comparable homes on the market comparable homes currently on the market in BENCHMARK CONDO. The 0.02 acre lot (smaller than the 0.06 acre average) is reflected in the estimate. Current inventory shows 7 comparable homes in BENCHMARK CONDO; a buyer's market based on recent absorption. Recent trends in 78705 show home values have fallen 20.8% since 6 months ago. The most comparable recent sale is 203 E 31st ST # 304, Austin TX 78705, with an adjusted value of $337,284; a strong comparable. Based on 3 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