4500 E Oltorf ST # 408, Austin TX 78741

Looking at what buyers have actually paid for similar homes nearby, this property comes in at approximately $191,619. To generate strong buyer interest while maximizing value, I'd price this between $114,000 and $124,000. At this price, the property would be the most expensive of 4 comparable homes on the market comparable homes currently on the market in MONACO CONDO. The smaller floor plan (517 sqft compared to the average comp) is a meaningful differentiator in this price range. The 1985 construction puts this home 27 years older than the comp average, a factor in the pricing. With 4 similar homes currently listed in MONACO CONDO (a buyer's market), competition is a factor to consider. The trend in 78741 shows prices have fallen 8.2% in the past 6 months. 5708 Lark Creek DR, Austin TX 78744 nearby adjusts to $145,452; with a larger floor plan. The 3 comps used here provide a solid foundation for this valuation. Keep in mind, I have not personally inspected this property. The numbers are data driven, not firsthand. Questions about this property or this area? Reach out anytime. Ed Neuhaus, Neuhaus Realty Group