Reviewing the most recent comparable transactions, this home's market value falls around $260,391. For a well positioned listing in DRY CREEK WEST CONDO, I'd target the $279,000 to $352,000 range. In the current DRY CREEK WEST CONDO market with 3 similar homes available, this price represents the 2nd most expensive of 3 comparable homes on the market. With 3 similar homes currently listed in DRY CREEK WEST CONDO (a balanced market), competition is a factor to consider. Recent trends in DRY CREEK WEST CONDO show home values have risen 22.5% since 6 months ago. The most comparable recent sale is 3839 Dry Creek DR # 223, Austin TX 78731, with an adjusted value of $165,000; a strong comparable. The 3 comps used here provide a solid foundation for this valuation. Keep in mind, I have not personally inspected this property. The numbers are data driven, not firsthand. Questions about this property or this area? Reach out anytime.
Ed Neuhaus, Neuhaus Realty Group