Based on 7 closed sales in COVE VALLEY VIEW CONDO, the data points to a value around $626,938 for this home. Given current inventory and recent sales, the sweet spot for listing this home is $614,000 to $639,000. Buyers shopping in COVE VALLEY VIEW CONDO right now would see this as a well positioned option among 5 comparable homes. Being built in 2009 (9 years older than comps) is factored into the value estimate. The active market in COVE VALLEY VIEW CONDO includes 5 comparable homes priced from $524,500 to $669,000. Market data shows 78704 prices fallen 6.9% over the last half year. The closest comparable sale, 3406 Menchaca RD # 21, Austin TX 78704 at an adjusted $586,137, is a strong comparable. This estimate draws on 7 comparable sales, offering a reliable picture of market value. That said, this is a data only estimate. A walkthrough could change the picture. Want a detailed analysis for a home you're considering? I'm happy to help.
Ed Neuhaus