510 W 18th ST # 107, Austin TX 78701

Looking at what buyers have actually paid for similar homes nearby, this property comes in at approximately $367,797. To generate strong buyer interest while maximizing value, I'd price this between $392,000 and $397,000. With 4 comparable homes on the market in CHESTNUT SQUARE CONDO, this price positions the property as the 2nd most expensive of 4 comparable homes on the market. At 149 sqft larger than the typical comp, the size difference factors into the valuation. With 4 similar homes currently listed in CHESTNUT SQUARE CONDO (a buyer's market), competition is a factor to consider. The trend in 78701 shows prices have fallen 15.9% in the past 6 months. 914 W 26th ST # 304, Austin TX 78705 nearby adjusts to $331,935; a strong comparable. The 7 comps used here provide a solid foundation for this valuation. Keep in mind, I have not personally inspected this property. The numbers are data driven, not firsthand. Questions about this property or this area? Reach out anytime. Ed Neuhaus, Neuhaus Realty Group