3011 Fruth ST # 201, Austin TX 78705

Reviewing the most recent comparable transactions, this home's market value falls around $248,303. For a well positioned listing in PARTRIDGE, I'd target the $241,000 to $256,000 range. At this price, the property would be the 3rd most expensive of 5 comparable homes on the market comparable homes currently on the market in PARTRIDGE. The 1982 construction puts this home 6 years newer than the comp average, a factor in the pricing. At 0.02 acres, the lot is smaller than the 0.06 acre comp average, which factors into pricing. 5 similar homes are currently available in PARTRIDGE, creating a buyer's market for this price range. Recent trends in 78705 show home values have fallen 23.6% since 6 months ago. The most comparable recent sale is 114 E 31st ST # 207, Austin TX 78705, with an adjusted value of $249,415; a strong comparable. The 3 comps used here provide a solid foundation for this valuation. Keep in mind, I have not personally inspected this property. The numbers are data driven, not firsthand. Questions about this property or this area? Reach out anytime. Ed Neuhaus, Neuhaus Realty Group