The estimated value of this property is $238,627, based on 5 comparable sales within a mile. In today's market, I'd bring this home to market somewhere between $267,000 and $268,000. Against 6 similar active listings in FAR WEST SKYLINE CONDO, this price point lands at the 3rd least expensive of 6 comparable homes on the market. The 0.00 acre lot (smaller than the 0.07 acre average) is reflected in the estimate. With 6 similar homes currently listed in FAR WEST SKYLINE CONDO (a balanced market), competition is a factor to consider. Recent trends in 78731 show home values have risen 12.5% since 6 months ago. The most comparable recent sale is 6910 Hart LN # 110, Austin TX 78731, with an adjusted value of $195,789; a strong comparable. Based on 5 relevant data points in FAR WEST SKYLINE CONDO, I'm comfortable with this estimate. Without stepping inside, I can only go by what the data shows. An in person look would tell the full story.
Ed Neuhaus, Neuhaus Realty Group | Austin, TX