5602 Woodrow Ave # 101, Austin TX 78756

Reviewing the most recent comparable transactions, this home's market value falls around $384,312. For a well positioned listing in 78756, I'd target the $235,000 to $245,000 range. With 7 comparable homes on the market in 78756, this price positions the property as the 2nd most expensive of 7 comparable homes on the market. The 1985 construction puts this home 15 years newer than the comp average, a factor in the pricing. At 0.04 acres, the lot is smaller than the 0.11 acre comp average, which factors into pricing. Current inventory shows 7 comparable homes in 78756; a balanced market based on recent absorption. Recent trends in 78756 show home values have fallen 19.4% since 6 months ago. The most comparable recent sale is 5604 Woodrow Ave # 3, Austin TX 78756, with an adjusted value of $209,255; 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