700 1st ST # 303, Austin TX 78704

Based on what similar homes have actually sold for within half a mile, I'd place this property's value at $577,356. I'd recommend coming to market at $341,000 to $351,000 to strike the right balance between value and market velocity. In the current VIEWPOINT CONDO market with 5 similar homes available, this price represents the 0th most expensive of 5 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. Current inventory shows 5 comparable homes in VIEWPOINT CONDO; a buyer's market based on recent absorption. The trend in 78704 shows prices have fallen 2.2% in the past 6 months. 700 S 1st ST # 207, Austin TX 78704 nearby adjusts to $356,041; 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