701 Nelray BLVD # 7, Austin TX 78751

Looking at what buyers have actually paid for similar homes nearby, this property comes in at approximately $401,247. To generate strong buyer interest while maximizing value, I'd price this between $128,000 and $138,000. With 4 comparable homes on the market in WINDFALL CONDO, this price positions the property as the most expensive of 4 comparable homes on the market. The smaller floor plan (545 sqft compared to the average comp) is a meaningful differentiator in this price range. The 1984 construction puts this home 11 years older than the comp average, a factor in the pricing. The active market in WINDFALL CONDO includes 4 comparable homes priced from $119,500 to $211,000. The trend in 78751 shows prices have risen 5.8% in the past 6 months. 912 1/2 E 50th ST, Austin TX 78751 nearby adjusts to $329,992; 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