4306 Avenue A # 117, Austin TX 78751

The market data from 7 similar recent sales in PARK PLACE CONDO points to a value of approximately $302,878. To sell within a reasonable timeframe at fair market value, the $323,000 to $325,000 range is where I'd position this. With 7 comparable homes on the market in PARK PLACE CONDO, this price positions the property as the 3rd least expensive of 7 comparable homes on the market. The 1975 construction puts this home 6 years older than the comp average, a factor in the pricing. Current inventory shows 7 comparable homes in PARK PLACE CONDO; a buyer's market based on recent absorption. In 78751, home values have risen approximately 5.8% over the past 6 months. One of the strongest data points is 3111 Tom Green ST # 203, Austin TX 78705, adjusting to $292,143; a strong comparable. The 7 comps used here provide a solid foundation for this valuation. Keep in mind, I have not personally inspected this property. The numbers are data driven, not firsthand. Questions about this property or this area? Reach out anytime. Ed Neuhaus, Neuhaus Realty Group