616 Castle Ridge RD # C, Austin TX 78746

Based on what similar homes have actually sold for in the surrounding area, I'd place this property's value at $746,024. I'd recommend coming to market at $447,000 to $457,000 to strike the right balance between value and market velocity. At this price, the property would be the most expensive of 5 comparable homes on the market comparable homes currently on the market in WESTLAKE CONDO. The smaller floor plan (980 sqft compared to the average comp) is a meaningful differentiator in this price range. Built in 1970, this home is 8 years older than the average comp, which is reflected in the adjustments. 5 similar homes are currently available in WESTLAKE CONDO, creating a buyer's market for this price range. The trend in 78746 shows prices have risen 10.2% in the past 6 months. 6204 Olympic Overlook, Austin TX 78746 nearby adjusts to $867,709; with a larger floor plan. With 7 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