505 W 7th ST # 202, Austin TX 78701

7 recent sales within a few blocks of this address suggest a current value of $732,443. My recommended list price range for this property would be $417,000 to $427,000. At this price, the property would be the 3rd most expensive of 7 comparable homes on the market comparable homes currently on the market in POSADA DEL REY CONDO. Built in 1964, this home is 40 years older than the average comp, which is reflected in the adjustments. Current inventory shows 7 comparable homes in POSADA DEL REY CONDO; a buyer's market based on recent absorption. In 78701, home values have fallen approximately 24.1% over the past 6 months. One of the strongest data points is 1212 Guadalupe ST # 805, Austin TX 78701, adjusting to $413,542; a strong comparable. With 7 solid comps to draw from, the data tells a consistent story. Of course, without seeing the property in person, this is a data based estimate only. Ed Neuhaus, Neuhaus Realty Group