505 W 7th ST # 304, Austin TX 78701

My analysis of 7 comparable properties puts this home's estimated value at $413,048. Based on how the local market is moving, a list price between $465,000 and $508,000 would position this home well. This home's position in the current POSADA DEL REY CONDO market: the 4th most expensive of 7 comparable homes on the market among comparable properties. Current inventory shows 7 comparable homes in POSADA DEL REY CONDO; a buyer's market based on recent absorption. The 6 month price trend in 78701: fallen 20.5%. The best comp here is 1210 Windsor RD # 122, Austin TX 78703 at an adjusted value of $354,720, 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