3001 Cedar ST # 204, Austin TX 78705

Based on 4 closed sales in BENCHMARK CONDO, the data points to a value around $361,351 for this home. Given current inventory and recent sales, the sweet spot for listing this home is $351,000 to $372,000. Relative to what's currently available in BENCHMARK CONDO, this home would be the 3rd least expensive of 6 comparable homes on the market. Lot size matters here: 0.02 acres versus 0.05 for the typical comp. 6 similar homes are currently available in BENCHMARK CONDO, creating a buyer's market for this price range. Market data shows 78705 prices fallen 11.7% over the last half year. The closest comparable sale, 203 E 31st ST # 304, Austin TX 78705 at an adjusted $354,565, is a strong comparable. The strength of this estimate comes from 4 directly comparable sales in BENCHMARK CONDO. This is strictly a numbers based opinion. Condition, upgrades, and layout can shift value in ways data cannot capture. Have questions? I'm always available. Ed Neuhaus, Neuhaus Realty Group