501 W 26th ST # 124, Austin TX 78705

My analysis of 5 comparable properties puts this home's estimated value at $311,572. Based on how the local market is moving, a list price between $209,000 and $219,000 would position this home well. Buyers shopping in CENTENNIAL CONDO REV right now would see this as a well positioned option among 7 comparable homes. Being 167 sqft larger than the average comparable sale in this area impacts the per square foot value. At 11 years newer than typical comps, the 1997 build date influences the valuation. Current inventory shows 7 comparable homes in CENTENNIAL CONDO REV; a buyer's market based on recent absorption. The 6 month price trend in 78705: fallen 11.7%. The best comp here is 501 W 26th ST # 312, Austin TX 78705 at an adjusted value of $302,379, with a smaller floor plan. With 5 comparable sales in CENTENNIAL CONDO REV, 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