4500 E Oltorf ST # 405, Austin TX 78741

Looking at what buyers have actually paid for similar homes nearby, this property comes in at approximately $168,765. To generate strong buyer interest while maximizing value, I'd price this between $114,000 and $124,000. In the current MONACO CONDO market with 6 similar homes available, this price represents the most expensive of 6 comparable homes on the market. This home's smaller footprint (316 sqft vs the comp average) plays a role in how the market prices it. At 0.04 acres, the lot is smaller than the 0.13 acre comp average, which factors into pricing. The active market in MONACO CONDO includes 6 comparable homes priced from $125,000 to $175,000. The trend in 78741 shows prices have fallen 2.5% in the past 6 months. 4500 E Oltorf ST # 414, Austin TX 78741 nearby adjusts to $165,944; a strong comparable. 6 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