802 S 1st ST # 122, Austin TX 78704

After reviewing 7 recent transactions in BOULDIN CREEK CONDO, I estimate this property's value at $292,038. A competitive list price for this home right now would fall in the $201,000 to $211,000 range. Relative to what's currently available in BOULDIN CREEK CONDO, this home would be the most expensive of 5 comparable homes on the market. At 530 sqft smaller than the typical comp, the size difference factors into the valuation. The smaller lot (0.06 acres versus the area average of 0.15) contributes to the valuation. The active market in BOULDIN CREEK CONDO includes 5 comparable homes priced from $194,900 to $250,000. Prices in 78704 have fallen 3.8% over the last 6 months. A similar home at 802 S 1st ST # 203, Austin TX 78704 carries an adjusted comparable value of $265,237, providing a strong data point. With 7 comparable sales in BOULDIN CREEK CONDO, 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