505 W 7th ST # 115, Austin TX 78701

Based on 7 closed sales in POSADA DEL REY CONDO, the data points to a value around $336,161 for this home. Given current inventory and recent sales, the sweet spot for listing this home is $290,000 to $300,000. This would position the home competitively among 7 active listings in POSADA DEL REY CONDO. Being built in 1964 (6 years newer than comps) is factored into the value estimate. The active market in POSADA DEL REY CONDO includes 7 comparable homes priced from $309,000 to $580,000. Market data shows 78701 prices fallen 24.1% over the last half year. The closest comparable sale, 505 W 7th ST # 108, Austin TX 78701 at an adjusted $256,352, is a strong comparable. The strength of this estimate comes from 7 directly comparable sales in POSADA DEL REY CONDO. This is strictly a numbers based opinion. Condition, upgrades, and layout can shift value in ways data cannot capture. Have questions? I'm always available. Ed Neuhaus, Neuhaus Realty Group