505 W 7th ST # 209, Austin TX 78701

Based on 7 closed sales in POSADA DEL REY CONDO, the data points to a value around $1,033,189 for this home. Given current inventory and recent sales, the sweet spot for listing this home is $723,000 to $733,000. This would position the home competitively among 7 active listings in POSADA DEL REY CONDO. Being built in 1964 (39 years older than comps) is factored into the value estimate. There are currently 7 similar homes on the market in POSADA DEL REY CONDO, ranging from $675,000 to $1,799,500. Market data shows 78701 prices fallen 23.9% over the last half year. The closest comparable sale, 210 Lavaca ST # 2211, Austin TX 78701 at an adjusted $807,950, is a strong comparable. This estimate draws on 7 comparable sales, offering a reliable picture of market value. That said, this is a data only estimate. A walkthrough could change the picture. Want a detailed analysis for a home you're considering? I'm happy to help. Ed Neuhaus