Reviewing the most recent comparable transactions, this home's market value falls around $448,029. For a well positioned listing in WESTSLOPE CONDO, I'd target the $302,000 to $312,000 range. Against 7 similar active listings in WESTSLOPE CONDO, this price point lands at the most expensive of 7 comparable homes on the market. At 0.02 acres, the lot is smaller than the 0.09 acre comp average, which factors into pricing. There are currently 7 similar homes on the market in WESTSLOPE CONDO, ranging from $265,000 to $485,000. Recent trends in 78731 show home values have risen 3% since 6 months ago. The most comparable recent sale is 5701 Westslope DR # 3, Austin TX 78731, with an adjusted value of $462,500; 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