701 W 24th ST # 321, Austin TX 78705

My analysis of 7 comparable properties puts this home's estimated value at $214,928. Based on how the local market is moving, a list price between $209,000 and $270,000 would position this home well. This home's position in the current CORNERSTONE CONDO market: the most expensive of 3 comparable homes on the market among comparable properties. This home's smaller footprint (333 sqft vs the comp average) plays a role in how the market prices it. The smaller lot (0.01 acres versus the area average of 0.05) contributes to the valuation. With 3 similar homes currently listed in CORNERSTONE CONDO (a buyer's market), competition is a factor to consider. The 6 month price trend in 78705: fallen 20.2%. The best comp here is 2815 Rio Grande ST # 211, Austin TX 78705 at an adjusted value of $173,375, a strong comparable. The comp data here (7 sales in CORNERSTONE CONDO) gives us a clear read on this home's value. Important to note: this valuation is based on comparable sales data, not a physical inspection of the property. Curious about your home's value? Get a free estimate here. Ed Neuhaus