407 E 45th ST # 215, Austin TX 78751

After adjusting 4 comparable sales for differences in size, age, and features, this home's estimated value is $168,925. Pricing this home between $113,000 and $123,000 would put it in the competitive sweet spot for SPANISH OAKS CONDO. This home's position in the current SPANISH OAKS CONDO market: the 2nd most expensive of 3 comparable homes on the market among comparable properties. The smaller lot (0.00 acres versus the area average of 0.23) contributes to the valuation. With 3 similar homes currently listed in SPANISH OAKS CONDO (a buyer's market), competition is a factor to consider. Market data shows 78751 prices risen 5.8% over the last half year. The closest comparable sale, 4405 Avenue A Ave # 18, Austin TX 78751 at an adjusted $102,420, is a strong comparable. With 4 comparable sales in SPANISH OAKS CONDO, 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