Ed's Opinion of Value

$485,000 Ed's Estimate: $835,048 $1,081,452
Lowest Comp Recommended List: $482,000 to $492,000 Highest Comp
The market data from 7 similar recent sales in KOENIG PLACE points to a value of approximately $835,048. To sell within a reasonable timeframe at fair market value, the $482,000 to $492,000 range is where I'd position this. Among the similar homes currently available in KOENIG PLACE, this price point stands out as competitive. The larger floor plan (109 sqft compared to the average comp) is a meaningful differentiator in this price range. The 2014 construction puts this home 48 years newer than the comp average, a factor in the pricing. With 7 similar homes currently listed in KOENIG PLACE (a buyer's market), competition is a factor to consider. In 78751, home values have fallen approximately 15.5% over the past 6 months. One of the strongest data points is 928 E 53rd 1/2 ST # 1, Austin TX 78751, adjusting to $622,607; a strong comparable. The 7 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
3 Beds
3 Baths 2 Full, 1 Half
1,538 Sq Ft
0.322 Acres
2014 Built

About This Property

Another LifeStyle Home by GreaterAustinBuilders.8 similar units sold next door & these are a step up with Jenn-Air Kitchen/Poplar Wood Cabinets/Exposed Aggregate Diamond Polished Concrete 1st Fl/NO Carpet/3rd bedroom on 3rd Fl has BUILT-INS(Closet,TV Stand,Chest of Drawers)Spa like Master bath/Custom Tile in both Baths/High end insulation pkg/Private & gated Yard Space/Metal Handrails in & out/Kitchen Quartz Island w waterfall sides/Quartz C-Tops thru-out.Hurry before theyre gone.278sqft of outdoor livingRestrictions: Yes Sprinkler Sys:Yes

Features

  • Bookcases
  • Built-in Features
  • Vaulted Ceiling(s)
  • Interior Steps
  • Multiple Living Areas
  • Recessed Lighting
  • Walk-In Closet(s)

Location

Schools

School District Austin ISD
Elementary Ridgetop
Middle School Lamar (Austin ISD)
High School McCallum

Property Details

Property Type Residential
Flooring Concrete, Laminate, Tile
Cooling Central Air
Heating Central
Exterior Gutters Full
County Travis
MLS # 1307390

HOA & Community

HOA Fee $175 /Monthly
HOA Includes Insurance, Landscaping

Tax Information

Annual Taxes (MLS) $7,365 (2013)

Listing History

MLS# 1307390 13 days
Dec 31, 2014 Off Market
Nov 4, 2014 Pending
Oct 22, 2014 Listed $475,000

Frequently Asked Questions About 400-B W 51 ST # D, Austin TX 78751

When was 400-B W 51 ST # D, Austin TX 78751 built?

400-B W 51 ST # D, Austin TX 78751 was built in 2014.

How much does 400-B W 51 ST # D, Austin TX 78751 cost?

400-B W 51 ST # D, Austin TX 78751 sold on December 31, 2014. Contact us for sale price details.

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