620 S 1st ST # 104, Austin TX 78704

My analysis of 7 comparable properties puts this home's estimated value at $402,120. Based on how the local market is moving, a list price between $187,000 and $197,000 would position this home well. This home's position in the current OAK KNOLL CONDO market: the most expensive of 6 comparable homes on the market among comparable properties. The 310 sqft size difference versus comparable sales is reflected in the adjusted values. At 6 years newer than typical comps, the 1968 build date influences the valuation. Current inventory shows 6 comparable homes in OAK KNOLL CONDO; a buyer's market based on recent absorption. The 6 month price trend in 78704: fallen 1.8%. The best comp here is 620 S 1st ST # 209, Austin TX 78704 at an adjusted value of $182,158, a strong comparable. With 7 comparable sales in OAK KNOLL CONDO, this estimate carries a reasonable degree of confidence. This estimate is based entirely on market data. An in person evaluation could refine it further. Ed Neuhaus, Broker/Owner, Neuhaus Realty Group