After adjusting 7 comparable sales for differences in size, age, and features, this home's estimated value is $926,438. Pricing this home between $659,000 and $669,000 would put it in the competitive sweet spot for WOODSLOPES LOST CREEK CONDO AM. This home's position in the current WOODSLOPES LOST CREEK CONDO AM market: the 3rd least expensive of 7 comparable homes on the market among comparable properties. At 10 years newer than typical comps, the 1990 build date influences the valuation. The smaller lot (0.06 acres versus the area average of 0.31) contributes to the valuation. With 7 similar homes currently listed in WOODSLOPES LOST CREEK CONDO AM (a buyer's market), competition is a factor to consider. Market data shows 78746 prices risen 14.1% over the last half year. The closest comparable sale, 6820 Cypress PT N # 28, Austin TX 78746 at an adjusted $769,198, is with a smaller floor plan. The comp data here (7 sales in WOODSLOPES LOST CREEK CONDO AM) gives us a clear read on this home's value. Important to note: this valuation is based on comparable sales data, not a physical inspection of the property.
Curious about your home's value? Get a free estimate here. Ed Neuhaus