3902 Peterson Ave # 201, Austin TX 78756

My analysis of 6 comparable properties puts this home's estimated value at $272,684. Based on how the local market is moving, a list price between $328,000 and $352,000 would position this home well. Relative to what's currently available in LEXINGTON SQUARE CONDO, this home would be the 2nd least expensive of 7 comparable homes on the market. At 11 years older than typical comps, the 1967 build date influences the valuation. Current inventory shows 7 comparable homes in LEXINGTON SQUARE CONDO; a buyer's market based on recent absorption. The 6 month price trend in 78756: fallen 17.4%. The best comp here is 2216 San Gabriel ST # 308, Austin TX 78705 at an adjusted value of $216,318, a strong comparable. With 6 comparable sales in LEXINGTON SQUARE 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