4500 E Oltorf ST # 412, Austin TX 78741

My analysis of 7 comparable properties puts this home's estimated value at $214,039. Based on how the local market is moving, a list price between $151,000 and $161,000 would position this home well. This pricing would rank the home as the most expensive of 3 comparable homes on the market in MONACO CONDO's current inventory. At 7 years older than typical comps, the 1985 build date influences the valuation. The smaller lot (0.07 acres versus the area average of 0.11) contributes to the valuation. Current inventory shows 3 comparable homes in MONACO CONDO; a buyer's market based on recent absorption. The 6 month price trend in 78741: fallen 4.3%. The best comp here is 2450 Wickersham LN # 1601, Austin TX 78741 at an adjusted value of $171,676, a strong comparable. With 7 comparable sales in MONACO 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