3018 1st ST S # 217, Austin TX 78704

Taking into account 7 nearby comparable sales, this property's estimated value comes to $356,125. If we were to list this property today, I'd recommend a list price in the $181,000 to $191,000 range. This would position the home competitively among 7 active listings in LOFT CONDO THE. The smaller floor plan (414 sqft compared to the average comp) is a meaningful differentiator in this price range. Being built in 1978 (22 years older than comps) is factored into the value estimate. With 7 similar homes currently listed in LOFT CONDO THE (a buyer's market), competition is a factor to consider. The 6 month price trend in 78704: fallen 3.8%. The best comp here is 3018 S 1st ST # 204, Austin TX 78704 at an adjusted value of $207,200, a strong comparable. The strength of this estimate comes from 7 directly comparable sales in LOFT CONDO THE. 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