301 West Ave # 1105, Austin TX 78701

Reviewing the most recent comparable transactions, this home's market value falls around $744,070. For a well positioned listing in INDEPENDENT, I'd target the $431,000 to $441,000 range. At this price, the property would be the 2nd most expensive of 7 comparable homes on the market comparable homes currently on the market in INDEPENDENT. At 0.00 acres, the lot is smaller than the 0.05 acre comp average, which factors into pricing. 7 similar homes are currently available in INDEPENDENT, creating a buyer's market for this price range. Recent trends in 78701 show home values have fallen 13.9% since 6 months ago. The most comparable recent sale is 202 Nueces ST # 1804, Austin TX 78701, with an adjusted value of $1,314,501; a strong comparable. 7 comparable transactions in INDEPENDENT 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