Reviewing the most recent comparable transactions, this home's market value falls around $348,766. For a well positioned listing in BROWN BLDG LOFTS CONDO, I'd target the $403,000 to $414,000 range. In the current BROWN BLDG LOFTS CONDO market with 7 similar homes available, this price represents the most affordable of 7 comparable homes on the market. The 1940 construction puts this home 29 years older than the comp average, a factor in the pricing. Right now, 7 similar properties are competing for buyers in BROWN BLDG LOFTS CONDO, listed between $369,000 and $684,999. Recent trends in 78701 show home values have fallen 18% since 6 months ago. The most comparable recent sale is 710 Colorado ST # 2D, Austin TX 78701, with an adjusted value of $314,165; a strong comparable. 7 comparable transactions in BROWN BLDG LOFTS 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