3001 Cedar ST # 217, Austin TX 78705

The market data from 7 similar recent sales in BENCHMARK CONDO points to a value of approximately $367,853. To sell within a reasonable timeframe at fair market value, the $275,000 to $285,000 range is where I'd position this. Among the similar homes currently available in BENCHMARK CONDO, this price point stands out as competitive. This home's larger footprint (145 sqft vs the comp average) plays a role in how the market prices it. Current inventory shows 6 comparable homes in BENCHMARK CONDO; a buyer's market based on recent absorption. In 78705, home values have fallen approximately 11.7% over the past 6 months. One of the strongest data points is 3200 Duval ST # 309, Austin TX 78705, adjusting to $354,295; with a larger floor plan. The 7 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