4004 Banister #102 LN, Austin TX 78704

My analysis of 7 comparable properties puts this home's estimated value at $409,845. Based on how the local market is moving, a list price between $272,000 and $282,000 would position this home well. This would position the home competitively among 7 active listings in MESA CONDOMINIUMS. The larger lot (0.96 acres versus the area average of 0.75) contributes to the valuation. Current inventory shows 7 comparable homes in MESA CONDOMINIUMS; a buyer's market based on recent absorption. The 6 month price trend in 78704: fallen 3.9%. The best comp here is 210 Lee Barton DR # 421, Austin TX 78704 at an adjusted value of $420,798, a strong comparable. With 7 comparable sales in MESA CONDOMINIUMS, 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