Based on what similar homes have actually sold for within half a mile, I'd place this property's value at $198,747. I'd recommend coming to market at $209,000 to $234,000 to strike the right balance between value and market velocity. Against 3 similar active listings in BALCONES TOWERS CONDO, this price point lands at the most affordable of 3 comparable homes on the market. Right now, 3 similar properties are competing for buyers in BALCONES TOWERS CONDO, listed between $215,000 and $265,000. The trend in 78731 shows prices have risen 6.3% in the past 6 months. 6910 Hart LN # 110, Austin TX 78731 nearby adjusts to $192,468; a strong comparable. With 3 solid comps to draw from, the data tells a consistent story. Of course, without seeing the property in person, this is a data based estimate only.
Ed Neuhaus, Neuhaus Realty Group