3115 Helms ST # 311, Austin TX 78705

Reviewing the most recent comparable transactions, this home's market value falls around $310,997. For a well positioned listing in SUNCHASE CONDO, I'd target the $240,000 to $250,000 range. Against 7 similar active listings in SUNCHASE CONDO, this price point lands at the 2nd least expensive of 7 comparable homes on the market. At 0.00 acres, the lot is smaller than the 0.04 acre comp average, which factors into pricing. Current inventory shows 7 comparable homes in SUNCHASE CONDO; a buyer's market based on recent absorption. Recent trends in 78705 show home values have fallen 12% since 6 months ago. The most comparable recent sale is 3001 Cedar ST # 113, Austin TX 78705, with an adjusted value of $330,025; a strong comparable. The 7 comps used here provide a solid foundation for this valuation. Keep in mind, I have not personally inspected this property. The numbers are data driven, not firsthand. Questions about this property or this area? Reach out anytime. Ed Neuhaus, Neuhaus Realty Group