My analysis of 4 comparable properties puts this home's estimated value at $208,570. Based on how the local market is moving, a list price between $170,000 and $180,000 would position this home well. This would position the home competitively among 4 active listings in AVENUE A CONDO. At 101 sqft smaller than the typical comp, the size difference factors into the valuation. At 8 years newer than typical comps, the 1983 build date influences the valuation. There are currently 4 similar homes on the market in AVENUE A CONDO, ranging from $169,900 to $280,000. The 6 month price trend in 78751: risen 1.3%. The best comp here is 114 E 31st ST # 207, Austin TX 78705 at an adjusted value of $221,602, a strong comparable. With 4 comparable sales in AVENUE A CONDO, this estimate carries a reasonable degree of confidence. This estimate is based entirely on market data. An in person evaluation could refine it further.
Ed Neuhaus, Broker/Owner, Neuhaus Realty Group