501 W 26th ST # 218, Austin TX 78705

The estimated value of this property is $340,279, based on 5 comparable sales within half a mile. In today's market, I'd bring this home to market somewhere between $293,000 and $303,000. Against 7 similar active listings in CENTENNIAL CONDO REV, this price point lands at the 3rd least expensive of 7 comparable homes on the market. This home's larger footprint (211 sqft vs the comp average) plays a role in how the market prices it. Built in 1997, this home is 10 years newer than the average comp, which is reflected in the adjustments. Current inventory shows 7 comparable homes in CENTENNIAL CONDO REV; a buyer's market based on recent absorption. The most comparable recent sale is 3001 Cedar ST # 208, Austin TX 78705, with an adjusted value of $344,667; a strong comparable. With 5 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