501 W 26th ST # 201, Austin TX 78705

Based on what similar homes have actually sold for within half a mile, I'd place this property's value at $283,993. I'd recommend coming to market at $239,000 to $249,000 to strike the right balance between value and market velocity. At this price, the property would be the 3rd least expensive of 7 comparable homes on the market comparable homes currently on the market in CENTENNIAL CONDO REV. At 164 sqft larger than the typical comp, the size difference factors into the valuation. The 0.01 acre lot (smaller than the 0.05 acre average) is reflected in the estimate. Current inventory shows 7 comparable homes in CENTENNIAL CONDO REV; a buyer's market based on recent absorption. 501 W 26th ST # 327, Austin TX 78705 nearby adjusts to $261,800; with a pool. With 4 solid comps to draw from, the data tells a consistent story. Of course, without seeing the property in person, this is a data based estimate only. Ed Neuhaus, Neuhaus Realty Group