301 E 4th # 345, Austin TX 78701

My analysis of 7 comparable properties puts this home's estimated value at $597,074. Based on how the local market is moving, a list price between $633,000 and $640,000 would position this home well. This would position the home competitively among 7 active listings in RAILYARD CONDO. At 23 years older than typical comps, the 1983 build date influences the valuation. The smaller lot (0.01 acres versus the area average of 0.08) contributes to the valuation. Current inventory shows 7 comparable homes in RAILYARD CONDO; a buyer's market based on recent absorption. The 6 month price trend in 78701: fallen 24.1%. The best comp here is 44 East Ave # 2508, Austin TX 78701 at an adjusted value of $550,426, a strong comparable. The comp data here (7 sales in RAILYARD CONDO) gives us a clear read on this home's value. Important to note: this valuation is based on comparable sales data, not a physical inspection of the property. Curious about your home's value? Get a free estimate here. Ed Neuhaus