3115 Tom Green ST # 404, Austin TX 78705

This home was listed at $279,000 and was on the market for 124 days before expiring. Based on comparable sales, the market data suggests a value closer to $344,521. Here are some factors that may have played a role: After 124 days on market, buyer interest typically drops, and listings can become "stale" in buyer perception. At $518/sqft, the asking price was 43% above the area median, though there may have been upgrades or features not captured in the data. Built in 1982, this home may have faced competition from newer construction in the area priced similarly. At 956 sqft smaller than the typical comp, the size difference factors into the valuation. The 1982 construction puts this home 25 years older than the comp average, a factor in the pricing. 4 comparable transactions in TOM GREEN CONDO support the reliability of this estimate. As always, a data based estimate has its limits. Seeing the home in person is the best way to confirm value. Ed Neuhaus, Broker/Owner | Neuhaus Realty Group