301 West Ave # 1306, Austin TX 78701

Taking into account 5 nearby comparable sales, this property's estimated value comes to $1,151,979. If we were to list this property today, I'd recommend a list price in the $1,343,000 to $1,443,000 range. This home's position in the current INDEPENDENT market: the 2nd least expensive of 7 comparable homes on the market among comparable properties. At 118 sqft larger than the typical comp, the size difference factors into the valuation. Lot size matters here: 0.00 acres versus 0.03 for the typical comp. There are currently 7 similar homes on the market in INDEPENDENT, ranging from $999,000 to $1,799,500. The 6 month price trend in 78701: fallen 23.9%. The best comp here is 222 West Ave # 1213, Austin TX 78701 at an adjusted value of $1,057,102, with a smaller floor plan. The strength of this estimate comes from 5 directly comparable sales in INDEPENDENT. This is strictly a numbers based opinion. Condition, upgrades, and layout can shift value in ways data cannot capture. Have questions? I'm always available. Ed Neuhaus, Neuhaus Realty Group