3018 S 1st ST # 203, Austin TX 78704

After reviewing 7 recent transactions in LOFT CONDO THE, I estimate this property's value at $292,793. A competitive list price for this home right now would fall in the $208,000 to $218,000 range. This would position the home competitively among 3 active listings in LOFT CONDO THE. The smaller floor plan (406 sqft compared to the average comp) is a meaningful differentiator in this price range. At 22 years older than typical comps, the 1978 build date influences the valuation. Buyers in LOFT CONDO THE have 3 comparable options right now, with asking prices between $220,000 and $280,000. Prices in 78704 have fallen 3.8% over the last 6 months. A similar home at 3018 S 1st ST # 204, Austin TX 78704 carries an adjusted comparable value of $187,066, providing a strong data point. The comp data here (7 sales in LOFT CONDO THE) gives us a clear read on this home's value. Important to note: this valuation is based on comparable sales data, not a physical inspection of the property. Curious about your home's value? Get a free estimate here. Ed Neuhaus