301 West Ave # 1205, Austin TX 78701

3 recent sales within half a mile of this address suggest a current value of $558,877. My recommended list price range for this property would be $1,078,000 to $1,175,000. With 7 comparable homes on the market in INDEPENDENT, this price positions the property as the 2nd least expensive of 7 comparable homes on the market. The 1.75 acre lot (larger than the 0.15 acre average) is reflected in the estimate. 7 similar homes are currently available in INDEPENDENT, creating a buyer's market for this price range. In 78701, home values have fallen approximately 23.9% over the past 6 months. One of the strongest data points is 501 West Ave # 705, Austin TX 78701, adjusting to $598,185; a strong comparable. With 3 solid comps to draw from, the data tells a consistent story. Of course, without seeing the property in person, this is a data based estimate only. Ed Neuhaus, Neuhaus Realty Group