My analysis of 7 comparable properties puts this home's estimated value at $1,237,574. Based on how the local market is moving, a list price between $791,000 and $801,000 would position this home well. Buyers shopping in PECOS ESTATES CONDO right now would see this as a well positioned option among 3 comparable homes. At 24 years newer than typical comps, the 2007 build date influences the valuation. The smaller lot (0.09 acres versus the area average of 0.18) contributes to the valuation. Buyers in PECOS ESTATES CONDO have 3 comparable options right now, with asking prices between $699,900 and $1,395,000. The 6 month price trend in 78703: fallen 2%. The best comp here is 3301 Pecos ST # A, Austin TX 78703 at an adjusted value of $854,625, with a larger floor plan. The comp data here (7 sales in PECOS ESTATES CONDO) 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