505 W 7th ST # 107, Austin TX 78701

After adjusting 7 comparable sales for differences in size, age, and features, this home's estimated value is $347,348. Pricing this home between $296,000 and $306,000 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. At 5 years older than typical comps, the 1964 build date influences the valuation. The active market in POSADA DEL REY CONDO includes 7 comparable homes priced from $309,000 to $574,000. Market data shows 78701 prices fallen 23.9% over the last half year. The closest comparable sale, 505 W 7th ST # 108, Austin TX 78701 at an adjusted $261,529, is a strong comparable. With 7 comparable sales in POSADA DEL REY CONDO, this estimate carries a reasonable degree of confidence. This estimate is based entirely on market data. An in person evaluation could refine it further. Ed Neuhaus, Broker/Owner, Neuhaus Realty Group