620 S 1st ST # 112, Austin TX 78704

The estimated value of this property is $312,740, based on 7 comparable sales within half a mile. In today's market, I'd bring this home to market somewhere between $190,000 and $200,000. Against 6 similar active listings in OAK KNOLL CONDO, this price point lands at the most expensive of 6 comparable homes on the market. This home's smaller footprint (227 sqft vs the comp average) plays a role in how the market prices it. The 0.04 acre lot (smaller than the 0.10 acre average) is reflected in the estimate. There are currently 6 similar homes on the market in OAK KNOLL CONDO, ranging from $194,900 to $325,000. Recent trends in 78704 show home values have fallen 2.6% since 6 months ago. The most comparable recent sale is 620 S 1st ST # 209, Austin TX 78704, with an adjusted value of $182,594; a strong comparable. 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