505 W 7th ST # 203, Austin TX 78701

The comparable sales data (7 recent transactions in POSADA DEL REY CONDO) supports an estimated value of $561,466. The data suggests a list price between $416,000 and $426,000 would attract qualified buyers without leaving money on the table. Relative to what's currently available in POSADA DEL REY CONDO, this home would be the 4th most expensive of 7 comparable homes on the market. Being built in 1964 (20 years older than comps) is factored into the value estimate. Right now, 7 similar properties are competing for buyers in POSADA DEL REY CONDO, listed between $399,900 and $975,000. Prices in 78701 have fallen 24.1% over the last 6 months. A similar home at 360 Nueces ST # 2802, Austin TX 78701 carries an adjusted comparable value of $633,594, providing a strong data point. 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