3018 S 1st ST # 216, Austin TX 78704

The market data from 7 similar recent sales in LOFT CONDO THE points to a value of approximately $290,526. To sell within a reasonable timeframe at fair market value, the $206,000 to $216,000 range is where I'd position this. Among the similar homes currently available in LOFT CONDO THE, this price point stands out as competitive. At 414 sqft smaller than the typical comp, the size difference factors into the valuation. The 1978 construction puts this home 22 years older than the comp average, a factor in the pricing. Right now, 3 similar properties are competing for buyers in LOFT CONDO THE, listed between $220,000 and $280,000. In 78704, home values have fallen approximately 3.8% over the past 6 months. One of the strongest data points is 3018 S 1st ST # 204, Austin TX 78704, adjusting to $185,000; a strong comparable. 7 comparable transactions in LOFT CONDO THE support the reliability of this estimate. As always, a data based estimate has its limits. Seeing the home in person is the best way to confirm value. Ed Neuhaus, Broker/Owner | Neuhaus Realty Group