501 W 26th ST # 203, Austin TX 78705

Reviewing the most recent comparable transactions, this home's market value falls around $384,342. For a well positioned listing in CENTENNIAL CONDOMINIUMS - REVISED, I'd target the $443,000 to $445,000 range. With 6 comparable homes on the market in CENTENNIAL CONDOMINIUMS - REVISED, this price positions the property as the most affordable of 6 comparable homes on the market. The 1997 construction puts this home 9 years older than the comp average, a factor in the pricing. 6 similar homes are currently available in CENTENNIAL CONDOMINIUMS - REVISED, creating a buyer's market for this price range. Recent trends in 78705 show home values have fallen 12.3% since 6 months ago. The most comparable recent sale is 1812 West Ave # 302, Austin TX 78701, with an adjusted value of $442,850; a strong comparable. The 7 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