7224 Lookout Bluff TER # 21, Austin TX 78735

Based on 3 closed sales in AVIARA CONDO, the data points to a value around $510,411 for this home. Given current inventory and recent sales, the sweet spot for listing this home is $355,000 to $365,000. Buyers shopping in AVIARA CONDO right now would see this as a well positioned option among 7 comparable homes. Being 144 sqft smaller than the average comparable sale in this area impacts the per square foot value. Being built in 2011 (9 years newer than comps) is factored into the value estimate. With 7 similar homes currently listed in AVIARA CONDO (a buyer's market), competition is a factor to consider. Market data shows 78735 prices fallen 14.2% over the last half year. The closest comparable sale, 6705 Covered Bridge DR # 36, Austin TX 78736 at an adjusted $393,440, is a strong comparable. This estimate draws on 3 comparable sales, offering a reliable picture of market value. That said, this is a data only estimate. A walkthrough could change the picture. Want a detailed analysis for a home you're considering? I'm happy to help. Ed Neuhaus