7 recent sales within half a mile of this address suggest a current value of $579,247. My recommended list price range for this property would be $315,000 to $325,000. Against 6 similar active listings in VIEWPOINT CONDO, this price point lands at the most expensive of 6 comparable homes on the market. Built in 1985, this home is 27 years newer than the average comp, which is reflected in the adjustments. The 0.03 acre lot (smaller than the 0.12 acre average) is reflected in the estimate. 6 similar homes are currently available in VIEWPOINT CONDO, creating a buyer's market for this price range. In 78704, home values have fallen approximately 3.8% over the past 6 months. One of the strongest data points is 700 S 1st ST # 207, Austin TX 78704, adjusting to $352,088; 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