505 W 7th ST # 205, Austin TX 78701

After adjusting 7 comparable sales for differences in size, age, and features, this home's estimated value is $431,135. Pricing this home between $272,000 and $282,000 would put it in the competitive sweet spot for POSADA DEL REY CONDO. Buyers shopping in POSADA DEL REY CONDO right now would see this as a well positioned option among 4 comparable homes. At 12 years older than typical comps, the 1964 build date influences the valuation. The active market in POSADA DEL REY CONDO includes 4 comparable homes priced from $269,900 to $360,000. Market data shows 78701 prices fallen 24.1% over the last half year. The closest comparable sale, 1800 Lavaca ST # A507, Austin TX 78701 at an adjusted $281,188, is a strong comparable. The comp data here (7 sales in POSADA DEL REY CONDO) gives us a clear read on this home's value. Important to note: this valuation is based on comparable sales data, not a physical inspection of the property. Curious about your home's value? Get a free estimate here. Ed Neuhaus