407 E 45th ST # 101, Austin TX 78751

My analysis of 5 comparable properties puts this home's estimated value at $175,145. Based on how the local market is moving, a list price between $116,000 and $126,000 would position this home well. Relative to what's currently available in SPANISH OAKS CONDO, this home would be the 3rd least expensive of 7 comparable homes on the market. At 6 years newer than typical comps, the 1979 build date influences the valuation. The smaller lot (0.03 acres versus the area average of 0.07) contributes to the valuation. With 7 similar homes currently listed in SPANISH OAKS CONDO (a buyer's market), competition is a factor to consider. The 6 month price trend in 78751: risen 5.8%. The best comp here is 4405 Avenue A Ave # 18, Austin TX 78751 at an adjusted value of $116,778, a strong comparable. The comp data here (5 sales in SPANISH OAKS CONDO) gives us a clear read on this home's value. Important to note: this valuation is based on comparable sales data, not a physical inspection of the property. Curious about your home's value? Get a free estimate here. Ed Neuhaus