411 Brazos ST # 220, Austin TX 78701

The estimated value of this property is $2,100,677, based on 7 comparable sales within a mile. In today's market, I'd bring this home to market somewhere between $911,000 and $921,000. At this price, the property would be the 3rd least expensive of 7 comparable homes on the market comparable homes currently on the market in BRAZOS LOFTS CONDO. At 112 sqft larger than the typical comp, the size difference factors into the valuation. Built in 1925, this home is 61 years older than the average comp, which is reflected in the adjustments. With 7 similar homes currently listed in BRAZOS LOFTS CONDO (a buyer's market), competition is a factor to consider. Recent trends in 78701 show home values have fallen 14.6% since 6 months ago. The most comparable recent sale is 800 W 5th ST # 808, Austin TX 78703, with an adjusted value of $1,421,988; with a smaller floor plan. With 7 solid comps to draw from, the data tells a consistent story. Of course, without seeing the property in person, this is a data based estimate only. Ed Neuhaus, Neuhaus Realty Group