603 Davis ST # 1402, Austin TX 78701

The estimated value of this property is $1,341,917, based on 5 comparable sales within a mile. In today's market, I'd bring this home to market somewhere between $605,000 and $615,000. Against 4 similar active listings in SHORE A CONDO THE, this price point lands at the most expensive of 4 comparable homes on the market. This home's larger footprint (154 sqft vs the comp average) plays a role in how the market prices it. Built in 2006, this home is 6 years older than the average comp, which is reflected in the adjustments. 4 similar homes are currently available in SHORE A CONDO THE, creating a buyer's market for this price range. Recent trends in 78701 show home values have fallen 23.9% since 6 months ago. The most comparable recent sale is 301 West Ave # 4103, Austin TX 78701, with an adjusted value of $1,729,900; with a smaller floor plan. With 5 solid comps to draw from, the data tells a consistent story. Of course, without seeing the property in person, this is a data based estimate only. Ed Neuhaus, Neuhaus Realty Group