505 W 7th ST # 110, Austin TX 78701

Based on what similar homes have actually sold for within a mile, I'd place this property's value at $347,801. I'd recommend coming to market at $297,000 to $307,000 to strike the right balance between value and market velocity. At this price, the property would be the 3rd least expensive of 7 comparable homes on the market comparable homes currently on the market in POSADA DEL REY CONDO. Built in 1964, this home is 5 years older than the average comp, which is reflected in the adjustments. The active market in POSADA DEL REY CONDO includes 7 comparable homes priced from $309,000 to $580,000. The trend in 78701 shows prices have fallen 24.1% in the past 6 months. 505 W 7th ST # 108, Austin TX 78701 nearby adjusts to $261,571; a strong comparable. With 7 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