6705 Covered Bridge DR # 27, Austin TX 78736

The market data from 4 similar recent sales in GARDENS COVERED BRIDGE CONDO points to a value of approximately $440,781. To sell within a reasonable timeframe at fair market value, the $347,000 to $357,000 range is where I'd position this. In the current GARDENS COVERED BRIDGE CONDO market with 7 similar homes available, this price represents the most expensive of 7 comparable homes on the market. This home's smaller footprint (261 sqft vs the comp average) plays a role in how the market prices it. At 0.20 acres, the lot is larger than the 0.17 acre comp average, which factors into pricing. With 7 similar homes currently listed in GARDENS COVERED BRIDGE CONDO (a balanced market), competition is a factor to consider. In 78736, home values have fallen approximately 18.9% over the past 6 months. One of the strongest data points is 7701 Rialto BLVD # 1324, Austin TX 78735, adjusting to $395,828; a strong comparable. The 4 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