700 S 1st ST # 204, Austin TX 78704

Reviewing the most recent comparable transactions, this home's market value falls around $563,688. For a well positioned listing in VIEWPOINT CONDO, I'd target the $341,000 to $351,000 range. Against 5 similar active listings in VIEWPOINT CONDO, this price point lands at the most expensive of 5 comparable homes on the market. The 1985 construction puts this home 27 years newer than the comp average, a factor in the pricing. At 0.04 acres, the lot is smaller than the 0.12 acre comp average, which factors into pricing. Current inventory shows 5 comparable homes in VIEWPOINT CONDO; a buyer's market based on recent absorption. Recent trends in 78704 show home values have fallen 1.8% since 6 months ago. The most comparable recent sale is 700 S 1st ST # 207, Austin TX 78704, with an adjusted value of $378,058; a strong comparable. 7 comparable transactions in VIEWPOINT CONDO support the reliability of this estimate. As always, a data based estimate has its limits. Seeing the home in person is the best way to confirm value. Ed Neuhaus, Broker/Owner | Neuhaus Realty Group