3018 S 1st ST # 315, Austin TX 78704

7 recent sales within a few blocks of this address suggest a current value of $322,686. My recommended list price range for this property would be $274,000 to $284,000. In the current LOFT CONDOS market with 3 similar homes available, this price represents the most expensive of 3 comparable homes on the market. The smaller floor plan (240 sqft compared to the average comp) is a meaningful differentiator in this price range. Built in 1978, this home is 22 years older than the average comp, which is reflected in the adjustments. Current inventory shows 3 comparable homes in LOFT CONDOS; a buyer's market based on recent absorption. 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 $211,429; with a smaller floor plan. 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