Based on what similar homes have actually sold for in the surrounding area, I'd place this property's value at $1,202,281. I'd recommend coming to market at $1,676,000 to $1,692,000 to strike the right balance between value and market velocity. At this price, the property would be the 2nd least expensive of 7 comparable homes on the market comparable homes currently on the market in MARINA CLUB CONDO. The 0.24 acre lot (smaller than the 0.28 acre average) is reflected in the estimate. Buyers in MARINA CLUB CONDO have 7 comparable options right now, with asking prices between $1,175,000 and $3,250,000. The trend in 78746 shows prices have fallen 7% in the past 6 months. 6004 Messenger Stake, Austin TX 78746 nearby adjusts to $1,793,630; with a larger floor plan. With 6 solid comps to draw from, the data tells a consistent story. Of course, without seeing the property in person, this is a data based estimate only.
Ed Neuhaus, Neuhaus Realty Group
