4405 Avenue A ST # 1, Austin TX 78751

Based on what similar homes have actually sold for in the surrounding area, I'd place this property's value at $203,182. I'd recommend coming to market at $170,000 to $180,000 to strike the right balance between value and market velocity. With 4 comparable homes on the market in AVENUE A CONDO, this price positions the property as the most expensive of 4 comparable homes on the market. This home's smaller footprint (104 sqft vs the comp average) plays a role in how the market prices it. Built in 1983, this home is 11 years newer than the average comp, which is reflected in the adjustments. The active market in AVENUE A CONDO includes 4 comparable homes priced from $169,900 to $280,000. The trend in 78751 shows prices have risen 5.8% in the past 6 months. 400 W 35th ST # 104, Austin TX 78705 nearby adjusts to $176,171; a strong comparable. Based on 3 relevant data points in AVENUE A CONDO, I'm comfortable with this estimate. Without stepping inside, I can only go by what the data shows. An in person look would tell the full story. Ed Neuhaus, Neuhaus Realty Group | Austin, TX