3001 Cedar Street 306 # 306, Austin TX 78705

Looking at what buyers have actually paid for similar homes nearby, this property comes in at approximately $355,117. To generate strong buyer interest while maximizing value, I'd price this between $368,000 and $378,000. At this price, the property would be the 3rd least expensive of 6 comparable homes on the market comparable homes currently on the market in BENCHMARK CONDO. At 0.02 acres, the lot is smaller than the 0.06 acre comp average, which factors into pricing. With 6 similar homes currently listed in BENCHMARK CONDO (a buyer's market), competition is a factor to consider. The trend in 78705 shows prices have fallen 12.3% in the past 6 months. 203 E 31st ST # 304, Austin TX 78705 nearby adjusts to $354,491; a strong comparable. 3 comparable transactions in BENCHMARK CONDO support the reliability of this estimate. As always, a data based estimate has its limits. Seeing the home in person is the best way to confirm value. Ed Neuhaus, Broker/Owner | Neuhaus Realty Group