700 S 1ST ST # 204, Austin TX 78704

Based on 7 closed sales in VIEWPOINT CONDOMINIUMS, the data points to a value around $337,579 for this home. Given current inventory and recent sales, the sweet spot for listing this home is $331,000 to $344,000. This home's position in the current VIEWPOINT CONDOMINIUMS market: the 2nd most expensive of 4 comparable homes on the market among comparable properties. Being built in 1985 (6 years older than comps) is factored into the value estimate. Lot size matters here: 0.00 acres versus 0.08 for the typical comp. The active market in VIEWPOINT CONDOMINIUMS includes 4 comparable homes priced from $325,000 to $399,000. Market data shows 78704 prices fallen 8.7% over the last half year. The closest comparable sale, 802 S 1st ST # 220, Austin TX 78704 at an adjusted $308,844, is a strong comparable. The strength of this estimate comes from 7 directly comparable sales in VIEWPOINT CONDOMINIUMS. 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