Based on what similar homes have actually sold for within a mile, I'd place this property's value at $295,773. I'd recommend coming to market at $237,000 to $247,000 to strike the right balance between value and market velocity. At this price, the property would be the 2nd most expensive of 7 comparable homes on the market comparable homes currently on the market in WESTGATE CROSSING CONDO. Being 100 sqft smaller than the average comparable sale in this area impacts the per square foot value. With 7 similar homes currently listed in WESTGATE CROSSING CONDO (a buyer's market), competition is a factor to consider. The trend in 78745 shows prices have risen 1.3% in the past 6 months. 2605 W Stassney BLVD # A, Austin TX 78745 nearby adjusts to $293,231; with a larger floor plan. Based on 5 relevant data points in WESTGATE CROSSING CONDO, I'm comfortable with this estimate. Without stepping inside, I can only go by what the data shows. An in person look would tell the full story.
Ed Neuhaus, Neuhaus Realty Group | Austin, TX