4500 E Oltorf ST # 417, Austin TX 78741

After reviewing 7 recent transactions in MONACO CONDO, I estimate this property's value at $156,791. A competitive list price for this home right now would fall in the $114,000 to $124,000 range. Relative to what's currently available in MONACO CONDO, this home would be the most expensive of 5 comparable homes on the market. At 259 sqft smaller than the typical comp, the size difference factors into the valuation. The smaller lot (0.04 acres versus the area average of 0.10) contributes to the valuation. With 5 similar homes currently listed in MONACO CONDO (a buyer's market), competition is a factor to consider. Prices in 78741 have fallen 1.1% over the last 6 months. A similar home at 4500 E Oltorf ST # 414, Austin TX 78741 carries an adjusted comparable value of $165,944, providing a strong data point. With 7 comparable sales in MONACO CONDO, this estimate carries a reasonable degree of confidence. This estimate is based entirely on market data. An in person evaluation could refine it further. Ed Neuhaus, Broker/Owner, Neuhaus Realty Group