301 E 4th # 302, Austin TX 78701

My analysis of 7 comparable properties puts this home's estimated value at $622,235. Based on how the local market is moving, a list price between $622,000 and $630,000 would position this home well. This would position the home competitively among 7 active listings in RAILYARD CONDO. At 9 years older than typical comps, the 1983 build date influences the valuation. The smaller lot (0.01 acres versus the area average of 0.09) contributes to the valuation. With 7 similar homes currently listed in RAILYARD CONDO (a buyer's market), competition is a factor to consider. The 6 month price trend in 78701: fallen 15.9%. The best comp here is 44 East Ave # 2508, Austin TX 78701 at an adjusted value of $550,531, a strong comparable. With 7 comparable sales in RAILYARD CONDO, this estimate carries a reasonable degree of confidence. This estimate is based entirely on market data. An in person evaluation could refine it further. Ed Neuhaus, Broker/Owner, Neuhaus Realty Group