3018 S 1st ST # 315, Austin TX 78704

7 recent sales within a few blocks of this address suggest a current value of $303,629. My recommended list price range for this property would be $239,000 to $249,000. In the current LOFT CONDOS market with 5 similar homes available, this price represents the most expensive of 5 comparable homes on the market. The smaller floor plan (175 sqft compared to the average comp) is a meaningful differentiator in this price range. Built in 1978, this home is 24 years older than the average comp, which is reflected in the adjustments. Current inventory shows 5 comparable homes in LOFT CONDOS; a buyer's market based on recent absorption. In 78704, home values have fallen approximately 5.7% over the past 6 months. One of the strongest data points is 2805 Dulce LN # 1002, Austin TX 78704, adjusting to $304,278; a strong comparable. Based on 7 relevant data points in LOFT CONDOS, I'm comfortable with this estimate. Without stepping inside, I can only go by what the data shows. An in person look would tell the full story. Ed Neuhaus, Neuhaus Realty Group | Austin, TX