303 W 35th ST # 303, Austin TX 78705

My analysis of 3 comparable properties puts this home's estimated value at $287,013. Based on how the local market is moving, a list price between $200,000 and $210,000 would position this home well. Buyers shopping in 78705 right now would see this as a well positioned option among 7 comparable homes. The smaller lot (0.00 acres versus the area average of 0.17) contributes to the valuation. Current inventory shows 7 comparable homes in 78705; a buyer's market based on recent absorption. The 6 month price trend in 78705: fallen 19.6%. The best comp here is 1500 Woodlawn BLVD # 102, Austin TX 78703 at an adjusted value of $286,949, a strong comparable. With 3 comparable sales in 78705, this estimate carries a reasonable degree of confidence. This estimate is based entirely on market data. An in person evaluation could refine it further. Ed Neuhaus, Broker/Owner, Neuhaus Realty Group