4500 E Oltorf ST # 416, Austin TX 78741

After reviewing 7 recent transactions in MONACO CONDO, I estimate this property's value at $165,975. A competitive list price for this home right now would fall in the $114,000 to $124,000 range. This pricing would rank the home as the most expensive of 4 comparable homes on the market in MONACO CONDO's current inventory. The smaller floor plan (332 sqft compared to the average comp) is a meaningful differentiator in this price range. The smaller lot (0.04 acres versus the area average of 0.13) contributes to the valuation. Right now, 4 similar properties are competing for buyers in MONACO CONDO, listed between $125,000 and $149,990. Prices in 78741 have fallen 9.5% over the last 6 months. A similar home at 2450 Wickersham LN # 101, Austin TX 78741 carries an adjusted comparable value of $102,907, providing a strong data point. 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