3001 Cedar ST # 206, Austin TX 78705

Reviewing the most recent comparable transactions, this home's market value falls around $348,251. For a well positioned listing in BENCHMARK CONDO, I'd target the $365,000 to $366,000 range. With 6 comparable homes on the market in BENCHMARK CONDO, this price positions the property as the 3rd least expensive of 6 comparable homes on the market. At 0.02 acres, the lot is smaller than the 0.05 acre comp average, which factors into pricing. There are currently 6 similar homes on the market in BENCHMARK CONDO, ranging from $324,900 to $349,900. Recent trends in 78705 show home values have fallen 11.7% since 6 months ago. The most comparable recent sale is 203 E 31st ST # 304, Austin TX 78705, with an adjusted value of $341,565; a strong comparable. 4 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