603 DAVIS ST # 601, Austin TX 78701

The market data from 3 similar recent sales in SHORE A CONDO THE points to a value of approximately $653,710. To sell within a reasonable timeframe at fair market value, the $1,098,000 to $1,186,000 range is where I'd position this. With 3 comparable homes on the market in SHORE A CONDO THE, this price positions the property as the 2nd most expensive of 3 comparable homes on the market. This home's larger footprint (125 sqft vs the comp average) plays a role in how the market prices it. Current inventory shows 3 comparable homes in SHORE A CONDO THE; a buyer's market based on recent absorption. In 78701, home values have fallen approximately 24.1% over the past 6 months. One of the strongest data points is 98 San Jacinto BLVD # 904, Austin TX 78701, adjusting to $1,098,184; a strong comparable. The 3 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