4500 E Oltorf ST # 103, Austin TX 78741

Taking into account 7 nearby comparable sales, this property's estimated value comes to $157,182. If we were to list this property today, I'd recommend a list price in the $114,000 to $124,000 range. This home's position in the current MONACO CONDO market: the most expensive of 6 comparable homes on the market among comparable properties. This home's smaller footprint (310 sqft vs the comp average) plays a role in how the market prices it. Being built in 1985 (6 years newer than comps) is factored into the value estimate. Current inventory shows 6 comparable homes in MONACO CONDO; a buyer's market based on recent absorption. The 6 month price trend in 78741: fallen 9.6%. The best comp here is 2450 Wickersham LN # 101, Austin TX 78741 at an adjusted value of $102,799, a strong comparable. The strength of this estimate comes from 7 directly comparable sales in MONACO CONDO. This is strictly a numbers based opinion. Condition, upgrades, and layout can shift value in ways data cannot capture. Have questions? I'm always available. Ed Neuhaus, Neuhaus Realty Group