Taking into account 7 nearby comparable sales, this property's estimated value comes to $217,904. If we were to list this property today, I'd recommend a list price in the $153,000 to $163,000 range. Relative to what's currently available in FAR WEST SKYLINE CONDO, this home would be the 2nd most expensive of 6 comparable homes on the market. This home's smaller footprint (123 sqft vs the comp average) plays a role in how the market prices it. The active market in FAR WEST SKYLINE CONDO includes 6 comparable homes priced from $169,800 to $314,000. The 6 month price trend in 78731: fallen 8.4%. The best comp here is 3840 Far West BLVD # 221, Austin TX 78731 at an adjusted value of $190,000, a strong comparable. The strength of this estimate comes from 7 directly comparable sales in FAR WEST SKYLINE CONDO. This is strictly a numbers based opinion. Condition, upgrades, and layout can shift value in ways data cannot capture. Have questions? I'm always available.
Ed Neuhaus, Neuhaus Realty Group
