800 Brazos ST # 1202, Austin TX 78701

The estimated value of this property is $470,177, based on 7 comparable sales within half a mile. In today's market, I'd bring this home to market somewhere between $344,000 and $354,000. At this price, the property would be the 3rd least expensive of 7 comparable homes on the market comparable homes currently on the market in BRAZOS PLACE CONDOS. Built in 1949, this home is 26 years older than the average comp, which is reflected in the adjustments. The 0.69 acre lot (larger than the 0.02 acre average) is reflected in the estimate. With 7 similar homes currently listed in BRAZOS PLACE CONDOS (a buyer's market), competition is a factor to consider. Recent trends in 78701 show home values have fallen 23% since 6 months ago. The most comparable recent sale is 710 Colorado ST # 2D, Austin TX 78701, with an adjusted value of $353,867; a strong comparable. Based on 7 relevant data points in BRAZOS PLACE CONDOS, I'm comfortable with this estimate. Without stepping inside, I can only go by what the data shows. An in person look would tell the full story. Ed Neuhaus, Neuhaus Realty Group | Austin, TX