After adjusting 7 comparable sales for differences in size, age, and features, this home's estimated value is $176,605. Pricing this home between $202,000 and $214,000 would put it in the competitive sweet spot for MONACO CONDO. Buyers shopping in MONACO CONDO right now would see this as a well positioned option among 4 comparable homes. The smaller lot (0.06 acres versus the area average of 0.12) contributes to the valuation. 4 similar homes are currently available in MONACO CONDO, creating a buyer's market for this price range. Market data shows 78741 prices fallen 3.9% over the last half year. The closest comparable sale, 2450 Wickersham LN # 101, Austin TX 78741 at an adjusted $126,376, is with a smaller floor plan. The comp data here (7 sales in MONACO CONDO) gives us a clear read on this home's value. Important to note: this valuation is based on comparable sales data, not a physical inspection of the property.
Curious about your home's value? Get a free estimate here. Ed Neuhaus