4307 S 1st ST # 203, Austin TX 78745

Looking at what buyers have actually paid for similar homes nearby, this property comes in at approximately $302,245. To generate strong buyer interest while maximizing value, I'd price this between $144,000 and $154,000. At this price, the property would be the most expensive of 7 comparable homes on the market comparable homes currently on the market in PHARO CONDO. The smaller floor plan (404 sqft compared to the average comp) is a meaningful differentiator in this price range. The 1982 construction puts this home 18 years newer than the comp average, a factor in the pricing. With 7 similar homes currently listed in PHARO CONDO (a buyer's market), competition is a factor to consider. The trend in 78745 shows prices have fallen 5.2% in the past 6 months. 4307 S 1st ST # 104, Austin TX 78745 nearby adjusts to $159,000; a strong comparable. 7 comparable transactions in PHARO CONDO support the reliability of this estimate. As always, a data based estimate has its limits. Seeing the home in person is the best way to confirm value. Ed Neuhaus, Broker/Owner | Neuhaus Realty Group