505 W 7th ST # 306, Austin TX 78701

After adjusting 5 comparable sales for differences in size, age, and features, this home's estimated value is $338,321. Pricing this home between $224,000 and $234,000 would put it in the competitive sweet spot for POSADA DEL REY CONDO. 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. The 320 sqft size difference versus comparable sales is reflected in the adjusted values. At 11 years older than typical comps, the 1964 build date influences the valuation. Buyers in POSADA DEL REY CONDO have 7 comparable options right now, with asking prices between $199,000 and $684,999. Market data shows 78701 prices fallen 24.1% over the last half year. The closest comparable sale, 505 W 7th ST # 108, Austin TX 78701 at an adjusted $292,309, is a strong comparable. The comp data here (5 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