Taking into account 4 nearby comparable sales, this property's estimated value comes to $542,843. If we were to list this property today, I'd recommend a list price in the $665,000 to $678,000 range. Relative to what's currently available in STREET PLACE CONDO, this home would be the 3rd least expensive of 7 comparable homes on the market. The smaller floor plan (181 sqft compared to the average comp) is a meaningful differentiator in this price range. Being built in 2006 (13 years older than comps) is factored into the value estimate. With 7 similar homes currently listed in STREET PLACE CONDO (a buyer's market), competition is a factor to consider. The 6 month price trend in 78721: fallen 5%. The best comp here is 5202 Rob Scott ST, Austin TX 78721 at an adjusted value of $522,333, a strong comparable. This estimate draws on 4 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