3018 S 1st ST # 101, Austin TX 78704

The market data from 7 similar recent sales in LOFT CONDO THE points to a value of approximately $329,734. To sell within a reasonable timeframe at fair market value, the $248,000 to $258,000 range is where I'd position this. Against 6 similar active listings in LOFT CONDO THE, this price point lands at the most expensive of 6 comparable homes on the market. The smaller floor plan (257 sqft compared to the average comp) is a meaningful differentiator in this price range. The 1978 construction puts this home 22 years older than the comp average, a factor in the pricing. There are currently 6 similar homes on the market in LOFT CONDO THE, ranging from $240,000 to $296,900. In 78704, home values have risen approximately 0.2% over the past 6 months. One of the strongest data points is 3018 S 1st ST # 204, Austin TX 78704, adjusting to $213,781; with a smaller floor plan. The 7 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