301 West Ave # 3103, Austin TX 78701

Based on what similar homes have actually sold for within a mile, I'd place this property's value at $1,526,731. I'd recommend coming to market at $1,908,000 to $1,943,000 to strike the right balance between value and market velocity. At this price, the property would be the most affordable of 7 comparable homes on the market comparable homes currently on the market in INDEPENDENT. This home's smaller footprint (153 sqft vs the comp average) plays a role in how the market prices it. The 0.00 acre lot (smaller than the 0.05 acre average) is reflected in the estimate. With 7 similar homes currently listed in INDEPENDENT (a buyer's market), competition is a factor to consider. The trend in 78701 shows prices have fallen 12.3% in the past 6 months. 1010 W 10th ST # 102, Austin TX 78703 nearby adjusts to $951,916; a strong comparable. Based on 7 relevant data points in INDEPENDENT, I'm comfortable with this estimate. Without stepping inside, I can only go by what the data shows. An in person look would tell the full story. Ed Neuhaus, Neuhaus Realty Group | Austin, TX