4500 E Oltorf ST # 409, Austin TX 78741

The estimated value of this property is $195,899, based on 6 comparable sales within a mile. In today's market, I'd bring this home to market somewhere between $162,000 and $172,000. With 5 comparable homes on the market in MONACO CONDOMINIUMS, this price positions the property as the 2nd most expensive of 5 comparable homes on the market. Built in 1985, this home is 7 years newer than the average comp, which is reflected in the adjustments. The 0.00 acre lot (smaller than the 0.13 acre average) is reflected in the estimate. There are currently 5 similar homes on the market in MONACO CONDOMINIUMS, ranging from $179,900 to $260,000. Recent trends in 78741 show home values have fallen 9.6% since 6 months ago. The most comparable recent sale is 2450 Wickersham LN # 1601, Austin TX 78741, with an adjusted value of $171,564; a strong comparable. Based on 6 relevant data points in MONACO CONDOMINIUMS, I'm comfortable with this estimate. Without stepping inside, I can only go by what the data shows. An in person look would tell the full story. Ed Neuhaus, Neuhaus Realty Group | Austin, TX