4307 S 1st ST # 206, Austin TX 78745

The comparable sales data (7 recent transactions in PHARO CONDO) supports an estimated value of $302,245. The data suggests a list price between $144,000 and $154,000 would attract qualified buyers without leaving money on the table. This pricing would rank the home as the most expensive of 7 comparable homes on the market in PHARO CONDO's current inventory. This home's smaller footprint (404 sqft vs the comp average) plays a role in how the market prices it. Being built in 1982 (18 years newer than comps) is factored into the value estimate. Current inventory shows 7 comparable homes in PHARO CONDO; a buyer's market based on recent absorption. Prices in 78745 have fallen 5.2% over the last 6 months. A similar home at 4307 S 1st ST # 104, Austin TX 78745 carries an adjusted comparable value of $159,000, providing a strong data point. The strength of this estimate comes from 7 directly comparable sales in PHARO CONDO. 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