Reviewing the most recent comparable transactions, this home's market value falls around $177,466. For a well positioned listing in MONACO CONDO, I'd target the $137,000 to $147,000 range. Against 4 similar active listings in MONACO CONDO, this price point lands at the 2nd most expensive of 4 comparable homes on the market. At 0.06 acres, the lot is smaller than the 0.10 acre comp average, which factors into pricing. Buyers in MONACO CONDO have 4 comparable options right now, with asking prices between $125,000 and $260,000. Recent trends in 78741 show home values have fallen 1.1% since 6 months ago. The most comparable recent sale is 4500 E Oltorf ST # 109, Austin TX 78741, with an adjusted value of $164,565; with a larger floor plan. 7 comparable transactions in MONACO CONDO support the reliability of this estimate. As always, a data based estimate has its limits. Seeing the home in person is the best way to confirm value.
Ed Neuhaus, Broker/Owner | Neuhaus Realty Group