800 Brazos ST # 1008, Austin TX 78701

After reviewing 7 recent transactions in BRAZOS PLACE CONDOMINIUMS, I estimate this property's value at $772,040. A competitive list price for this home right now would fall in the $415,000 to $425,000 range. This home's position in the current BRAZOS PLACE CONDOMINIUMS market: the 4th most expensive of 7 comparable homes on the market among comparable properties. At 29 years older than typical comps, the 1949 build date influences the valuation. 7 similar homes are currently available in BRAZOS PLACE CONDOMINIUMS, creating a buyer's market for this price range. Prices in 78701 have fallen 24.1% over the last 6 months. A similar home at 800 Brazos ST # 1207, Austin TX 78701 carries an adjusted comparable value of $535,475, providing a strong data point. With 7 comparable sales in BRAZOS PLACE CONDOMINIUMS, this estimate carries a reasonable degree of confidence. This estimate is based entirely on market data. An in person evaluation could refine it further. Ed Neuhaus, Broker/Owner, Neuhaus Realty Group