508 E 53rd ST # 200, Austin TX 78751

My analysis of 7 comparable properties puts this home's estimated value at $545,541. Based on how the local market is moving, a list price between $535,000 and $556,000 would position this home well. Relative to what's currently available in SATSUMA CONDO, this home would be the most affordable of 4 comparable homes on the market. At 425 sqft larger than the typical comp, the size difference factors into the valuation. At 11 years older than typical comps, the 2006 build date influences the valuation. Right now, 4 similar properties are competing for buyers in SATSUMA CONDO, listed between $749,000 and $949,900. The 6 month price trend in 78751: fallen 8.8%. The best comp here is 309 Franklin BLVD # 2, Austin TX 78751 at an adjusted value of $687,495, a strong comparable. The comp data here (7 sales in SATSUMA 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