3018 S 1st ST # 205, Austin TX 78704

After reviewing 7 recent transactions in LOFT CONDO THE, I estimate this property's value at $244,768. A competitive list price for this home right now would fall in the $170,000 to $180,000 range. This would position the home competitively among 3 active listings in LOFT CONDO THE. The 351 sqft size difference versus comparable sales is reflected in the adjusted values. At 32 years older than typical comps, the 1978 build date influences the valuation. There are currently 3 similar homes on the market in LOFT CONDO THE, ranging from $160,000 to $235,000. Prices in 78704 have fallen 0.7% over the last 6 months. A similar home at 3018 S 1st ST # 204, Austin TX 78704 carries an adjusted comparable value of $185,000, providing a strong data point. With 7 comparable sales in LOFT CONDO THE, this estimate carries a reasonable degree of confidence. This estimate is based entirely on market data. An in person evaluation could refine it further. Ed Neuhaus, Broker/Owner, Neuhaus Realty Group