603 Davis ST # 1003, Austin TX 78701

After reviewing 4 recent transactions in SHORE A CONDO THE, I estimate this property's value at $1,964,518. A competitive list price for this home right now would fall in the $1,151,000 to $1,161,000 range. This home's position in the current SHORE A CONDO THE market: the 2nd most expensive of 7 comparable homes on the market among comparable properties. This home's larger footprint (215 sqft vs the comp average) plays a role in how the market prices it. The smaller lot (0.01 acres versus the area average of 0.04) contributes to the valuation. Current inventory shows 7 comparable homes in SHORE A CONDO THE; a buyer's market based on recent absorption. Prices in 78701 have fallen 21.3% over the last 6 months. A similar home at 98 San Jacinto BLVD # 1601, Austin TX 78701 carries an adjusted comparable value of $2,728,539, providing a strong data point. The comp data here (4 sales in SHORE A CONDO THE) gives us a clear read on this home's value. Important to note: this valuation is based on comparable sales data, not a physical inspection of the property. Curious about your home's value? Get a free estimate here. Ed Neuhaus