800 Embassy DR # 305, Austin TX 78702

Reviewing the most recent comparable transactions, this home's market value falls around $478,181. For a well positioned listing in 78702, I'd target the $321,000 to $331,000 range. With 7 comparable homes on the market in 78702, this price positions the property as the 2nd least expensive of 7 comparable homes on the market. At 0.00 acres, the lot is smaller than the 0.09 acre comp average, which factors into pricing. Current inventory shows 7 comparable homes in 78702; a buyer's market based on recent absorption. Recent trends in 78702 show home values have fallen 4.8% since 6 months ago. The most comparable recent sale is 44 East Ave # 2004, Austin TX 78701, with an adjusted value of $639,579; a strong comparable. 5 comparable transactions in 78702 support the reliability of this estimate. As always, a data based estimate has its limits. Seeing the home in person is the best way to confirm value. Ed Neuhaus, Broker/Owner | Neuhaus Realty Group