501 W 26th ST # 308, Austin TX 78705

Looking at what buyers have actually paid for similar homes nearby, this property comes in at approximately $409,380. To generate strong buyer interest while maximizing value, I'd price this between $421,000 and $431,000. With 7 comparable homes on the market in CENTENNIAL CONDO REV, this price positions the property as the 4th most expensive of 7 comparable homes on the market. The 1997 construction puts this home 9 years older than the comp average, a factor in the pricing. Current inventory shows 7 comparable homes in CENTENNIAL CONDO REV; a buyer's market based on recent absorption. The trend in 78705 shows prices have fallen 11.7% in the past 6 months. 2502 Leon ST # 201, Austin TX 78705 nearby adjusts to $339,093; a strong comparable. 4 comparable transactions in CENTENNIAL CONDO REV 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