The market data from 7 similar recent sales in MILAGO CONDO points to a value of approximately $438,696. To sell within a reasonable timeframe at fair market value, the $454,000 to $477,000 range is where I'd position this. At this price, the property would be the 2nd most expensive of 3 comparable homes on the market comparable homes currently on the market in MILAGO CONDO. 3 similar homes are currently available in MILAGO CONDO, creating a buyer's market for this price range. In MILAGO CONDO, home values have risen approximately 72.1% over the past 6 months. One of the strongest data points is 360 Nueces ST # 1118, Austin TX 78701, adjusting to $432,396; a strong comparable. 7 comparable transactions in MILAGO CONDO support the reliability of this estimate. As always, a data based estimate has its limits. Seeing the home in person is the best way to confirm value.
Ed Neuhaus, Broker/Owner | Neuhaus Realty Group