620 S 1st ST # 307, Austin TX 78704

Looking at what buyers have actually paid for similar homes nearby, this property comes in at approximately $309,625. To generate strong buyer interest while maximizing value, I'd price this between $192,000 and $202,000. Against 6 similar active listings in OAK KNOLL CONDO, this price point lands at the most expensive of 6 comparable homes on the market. At 221 sqft smaller than the typical comp, the size difference factors into the valuation. At 0.04 acres, the lot is smaller than the 0.10 acre comp average, which factors into pricing. There are currently 6 similar homes on the market in OAK KNOLL CONDO, ranging from $194,900 to $325,000. The trend in 78704 shows prices have fallen 3.8% in the past 6 months. 620 S 1st ST # 209, Austin TX 78704 nearby adjusts to $181,900; a strong comparable. The 7 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