7 recent sales within a few blocks of this address suggest a current value of $367,874. My recommended list price range for this property would be $361,000 to $375,000. Against 7 similar active listings in VIEWPOINT CONDO, this price point lands at the most expensive of 7 comparable homes on the market. Built in 1985, this home is 6 years older than the average comp, which is reflected in the adjustments. The 0.03 acre lot (smaller than the 0.08 acre average) is reflected in the estimate. 7 similar homes are currently available in VIEWPOINT CONDO, creating a buyer's market for this price range. In 78704, home values have fallen approximately 7.6% over the past 6 months. One of the strongest data points is 802 S 1st ST # 220, Austin TX 78704, adjusting to $297,472; a strong comparable. With 7 solid comps to draw from, the data tells a consistent story. Of course, without seeing the property in person, this is a data based estimate only.
Ed Neuhaus, Neuhaus Realty Group