Based on 3 closed sales in COACHLIGHT CONDO, the data points to a value around $346,245 for this home. Given current inventory and recent sales, the sweet spot for listing this home is $286,000 to $296,000. This home's position in the current COACHLIGHT CONDO market: the 2nd least expensive of 7 comparable homes on the market among comparable properties. Current inventory shows 7 comparable homes in COACHLIGHT CONDO; a buyer's market based on recent absorption. Market data shows 78704 prices fallen 3.8% over the last half year. The closest comparable sale, 3801 Menchaca RD # 4, Austin TX 78704 at an adjusted $353,182, is a strong comparable. This estimate draws on 3 comparable sales, offering a reliable picture of market value. That said, this is a data only estimate. A walkthrough could change the picture. Want a detailed analysis for a home you're considering? I'm happy to help.
Ed Neuhaus