800 Brazos ST # 809, Austin TX 78701

Based on what similar homes have actually sold for within a mile, I'd place this property's value at $397,815. I'd recommend coming to market at $489,000 to $523,000 to strike the right balance between value and market velocity. In the current BRAZOS PLACE CONDO market with 7 similar homes available, this price represents the most affordable of 7 comparable homes on the market. Built in 1949, this home is 41 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. The trend in 78701 shows prices have fallen 24.1% in the past 6 months. 800 Brazos ST # 1009, Austin TX 78701 nearby adjusts to $351,900; a strong comparable. With 7 solid comps to draw from, the data tells a consistent story. Of course, without seeing the property in person, this is a data based estimate only. Ed Neuhaus, Neuhaus Realty Group