My analysis of 6 comparable properties puts this home's estimated value at $291,039. Based on how the local market is moving, a list price between $215,000 and $225,000 would position this home well. This home's position in the current AVENEL HYDE PARK CONDO market: the 3rd least expensive of 7 comparable homes on the market among comparable properties. At 12 years older than typical comps, the 1969 build date influences the valuation. The active market in AVENEL HYDE PARK CONDO includes 7 comparable homes priced from $199,900 to $359,000. The 6 month price trend in 78751: fallen 13.8%. The best comp here is 400 W 35th ST # 210, Austin TX 78705 at an adjusted value of $277,025, a strong comparable. With 6 comparable sales in AVENEL HYDE PARK CONDO, this estimate carries a reasonable degree of confidence. This estimate is based entirely on market data. An in person evaluation could refine it further.
Ed Neuhaus, Broker/Owner, Neuhaus Realty Group