3804 Southway DR # 101, Austin TX 78704

The market data from 7 similar recent sales in SOUTHWAY CONDOMINIUMS PLUS .0 % INT IN COM AREA points to a value of approximately $253,439. To sell within a reasonable timeframe at fair market value, the $248,000 to $259,000 range is where I'd position this. At this price, the property would be the 2nd least expensive of 7 comparable homes on the market comparable homes currently on the market in SOUTHWAY CONDOMINIUMS PLUS .0 % INT IN COM AREA. This home's larger footprint (106 sqft vs the comp average) plays a role in how the market prices it. The 1971 construction puts this home 10 years older than the comp average, a factor in the pricing. The active market in SOUTHWAY CONDOMINIUMS PLUS .0 % INT IN COM AREA includes 7 comparable homes priced from $230,000 to $435,000. In 78704, home values have fallen approximately 7.9% over the past 6 months. One of the strongest data points is 842 BANISTER LN, Austin TX 78704, adjusting to $211,203; a strong comparable. 7 comparable transactions in SOUTHWAY CONDOMINIUMS PLUS .0 % INT IN COM AREA 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