409 E 38th ST # 203, Austin TX 78705

Based on 3 closed sales in THIRTY & DUVAL CONDO HWY, the data points to a value around $371,556 for this home. Given current inventory and recent sales, the sweet spot for listing this home is $284,000 to $294,000. Buyers shopping in THIRTY & DUVAL CONDO HWY right now would see this as a well positioned option among 4 comparable homes. At 111 sqft larger than the typical comp, the size difference factors into the valuation. With 4 similar homes currently listed in THIRTY & DUVAL CONDO HWY (a buyer's market), competition is a factor to consider. Market data shows 78705 prices fallen 11.7% over the last half year. The closest comparable sale, 3200 Duval ST # 309, Austin TX 78705 at an adjusted $357,490, is with a larger floor plan. The strength of this estimate comes from 3 directly comparable sales in THIRTY & DUVAL CONDO HWY. This is strictly a numbers based opinion. Condition, upgrades, and layout can shift value in ways data cannot capture. Have questions? I'm always available. Ed Neuhaus, Neuhaus Realty Group