620 S 1st ST # 113, Austin TX 78704

Reviewing the most recent comparable transactions, this home's market value falls around $595,921. For a well positioned listing in OAK KNOLL CONDO, I'd target the $274,000 to $284,000 range. Among the similar homes currently available in OAK KNOLL CONDO, this price point stands out as competitive. The 1968 construction puts this home 17 years newer than the comp average, a factor in the pricing. At 0.06 acres, the lot is smaller than the 0.10 acre comp average, which factors into pricing. Current inventory shows 7 comparable homes in OAK KNOLL CONDO; a buyer's market based on recent absorption. Recent trends in 78704 show home values have fallen 1.5% since 6 months ago. The most comparable recent sale is 620 S 1st ST # 209, Austin TX 78704, with an adjusted value of $212,427; with a smaller floor plan. 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