505 W 7th ST # 201, Austin TX 78701

Looking at what buyers have actually paid for similar homes nearby, this property comes in at approximately $675,450. To generate strong buyer interest while maximizing value, I'd price this between $425,000 and $435,000. With 7 comparable homes on the market in POSADA DEL REY CONDO, this price positions the property as the 4th most expensive of 7 comparable homes on the market. The 1964 construction puts this home 33 years older than the comp average, a factor in the pricing. The active market in POSADA DEL REY CONDO includes 7 comparable homes priced from $399,000 to $895,000. The trend in 78701 shows prices have fallen 20.5% in the past 6 months. 1212 Guadalupe ST # 805, Austin TX 78701 nearby adjusts to $421,207; a strong comparable. 7 comparable transactions in POSADA DEL REY CONDO 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