701 Nelray BLVD # 1, Austin TX 78751

Looking at what buyers have actually paid for similar homes nearby, this property comes in at approximately $365,563. To generate strong buyer interest while maximizing value, I'd price this between $414,000 and $438,000. In the current WINDFALL CONDO market with 0 similar homes available, this price represents no active comparable homes on the market. The 641 sqft size difference versus comparable sales is reflected in the adjusted values. The 1984 construction puts this home 16 years newer than the comp average, a factor in the pricing. The trend in 78751 shows prices have fallen 12.7% in the past 6 months. 601 Nelray BLVD # 12, Austin TX 78751 nearby adjusts to $207,220; with a larger floor plan. 7 comparable transactions in WINDFALL CONDO support the reliability of this estimate. As always, a data based estimate has its limits. Seeing the home in person is the best way to confirm value. Ed Neuhaus, Broker/Owner | Neuhaus Realty Group