700 S 1st ST # 206, Austin TX 78704

Based on 7 closed sales in VIEWPOINT CONDO, the data points to a value around $585,121 for this home. Given current inventory and recent sales, the sweet spot for listing this home is $216,000 to $226,000. This pricing would rank the home as the most expensive of 7 comparable homes on the market in VIEWPOINT CONDO's current inventory. Being built in 1985 (27 years newer than comps) is factored into the value estimate. Lot size matters here: 0.00 acres versus 0.12 for the typical comp. Current inventory shows 7 comparable homes in VIEWPOINT CONDO; a buyer's market based on recent absorption. Market data shows 78704 prices fallen 3.8% over the last half year. The closest comparable sale, 700 S 1st ST # 207, Austin TX 78704 at an adjusted $322,371, is a strong comparable. The strength of this estimate comes from 7 directly comparable sales in VIEWPOINT CONDO. This is strictly a numbers based opinion. Condition, upgrades, and layout can shift value in ways data cannot capture. Have questions? I'm always available. Ed Neuhaus, Neuhaus Realty Group