3018 S 1st ST # 113, Austin TX 78704

Based on what similar homes have actually sold for within a few blocks, I'd place this property's value at $294,116. I'd recommend coming to market at $206,000 to $216,000 to strike the right balance between value and market velocity. Among the similar homes currently available in LOFT CONDOS, this price point stands out as competitive. The 414 sqft size difference versus comparable sales is reflected in the adjusted values. Built in 1978, this home is 22 years older than the average comp, which is reflected in the adjustments. With 3 similar homes currently listed in LOFT CONDOS (a buyer's market), competition is a factor to consider. The trend in 78704 shows prices have fallen 2.7% in the past 6 months. 3018 S 1st ST # 204, Austin TX 78704 nearby adjusts to $185,000; a strong comparable. With 7 solid comps to draw from, the data tells a consistent story. Of course, without seeing the property in person, this is a data based estimate only. Ed Neuhaus, Neuhaus Realty Group