Reviewing the most recent comparable transactions, this home's market value falls around $584,457. For a well positioned listing in THIRTY HUNDRED DUVAL CONDO, I'd target the $783,000 to $785,000 range. At this price, the property would be the 3rd least expensive of 7 comparable homes on the market comparable homes currently on the market in THIRTY HUNDRED DUVAL CONDO. This home's larger footprint (135 sqft vs the comp average) plays a role in how the market prices it. The 1982 construction puts this home 13 years newer than the comp average, a factor in the pricing. There are currently 7 similar homes on the market in THIRTY HUNDRED DUVAL CONDO, ranging from $595,000 to $939,000. Recent trends in 78705 show home values have fallen 11.7% since 6 months ago. The most comparable recent sale is 3200 Duval ST # 309, Austin TX 78705, with an adjusted value of $441,312; with a smaller floor plan. 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