400 w 35th ST # 210, Austin TX 78705

After reviewing 7 recent transactions in 78705, I estimate this property's value at $346,476. A competitive list price for this home right now would fall in the $280,000 to $290,000 range. Buyers shopping in 78705 right now would see this as a well positioned option among 7 comparable homes. At 7 years older than typical comps, the 1971 build date influences the valuation. The larger lot (1.00 acres versus the area average of 0.03) contributes to the valuation. With 7 similar homes currently listed in 78705 (a buyer's market), competition is a factor to consider. Prices in 78705 have fallen 10.1% over the last 6 months. A similar home at 400 W 35th ST # 201, Austin TX 78705 carries an adjusted comparable value of $352,058, providing a strong data point. With 7 comparable sales in 78705, 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