501 W 26th ST # 108, Austin TX 78705

Reviewing the most recent comparable transactions, this home's market value falls around $382,851. For a well positioned listing in CENTENNIAL CONDO REV, I'd target the $402,000 to $404,000 range. In the current CENTENNIAL CONDO REV market with 7 similar homes available, this price represents the most affordable of 7 comparable homes on the market. The 1997 construction puts this home 8 years older than the comp average, a factor in the pricing. Right now, 7 similar properties are competing for buyers in CENTENNIAL CONDO REV, listed between $392,500 and $435,000. Recent trends in 78705 show home values have fallen 11.7% since 6 months ago. The most comparable recent sale is 2502 Leon ST # 201, Austin TX 78705, with an adjusted value of $326,133; a strong comparable. The 3 comps used here provide a solid foundation for this valuation. Keep in mind, I have not personally inspected this property. The numbers are data driven, not firsthand. Questions about this property or this area? Reach out anytime. Ed Neuhaus, Neuhaus Realty Group