3018 S 1st ST # 218, Austin TX 78704

My analysis of 7 comparable properties puts this home's estimated value at $290,468. Based on how the local market is moving, a list price between $206,000 and $216,000 would position this home well. This would position the home competitively among 3 active listings in LOFT CONDO THE. This home's smaller footprint (414 sqft vs the comp average) plays a role in how the market prices it. At 22 years older than typical comps, the 1978 build date influences the valuation. With 3 similar homes currently listed in LOFT CONDO THE (a buyer's market), competition is a factor to consider. The 6 month price trend in 78704: fallen 3.8%. The best comp here is 3018 S 1st ST # 204, Austin TX 78704 at an adjusted value of $185,000, a strong comparable. 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