5701 Westslope DR # 2, Austin TX 78731

Reviewing the most recent comparable transactions, this home's market value falls around $550,461. For a well positioned listing in WESTSLOPE CONDO, I'd target the $299,000 to $309,000 range. With 7 comparable homes on the market in WESTSLOPE CONDO, this price positions the property as the most expensive of 7 comparable homes on the market. The smaller floor plan (110 sqft compared to the average comp) is a meaningful differentiator in this price range. At 0.02 acres, the lot is smaller than the 0.10 acre comp average, which factors into pricing. Current inventory shows 7 comparable homes in WESTSLOPE CONDO; a balanced market based on recent absorption. Recent trends in 78731 show home values have fallen 7% 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