800 Brazos ST # 1101, Austin TX 78701

The estimated value of this property is $582,207, based on 7 comparable sales within a mile. In today's market, I'd bring this home to market somewhere between $711,000 and $776,000. Among the similar homes currently available in BRAZOS PLACE CONDO, this price point stands out as competitive. Built in 1949, this home is 24 years older than the average comp, which is reflected in the adjustments. Current inventory shows 7 comparable homes in BRAZOS PLACE CONDO; a buyer's market based on recent absorption. Recent trends in 78701 show home values have fallen 24.1% since 6 months ago. The most comparable recent sale is 800 Brazos ST # 1309, Austin TX 78701, with an adjusted value of $710,812; a strong comparable. Based on 7 relevant data points in BRAZOS PLACE CONDO, 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