802 S 1st ST # 202, Austin TX 78704

The market data from 7 similar recent sales in BOULDIN CREEK CONDO points to a value of approximately $282,767. To sell within a reasonable timeframe at fair market value, the $185,000 to $195,000 range is where I'd position this. Against 5 similar active listings in BOULDIN CREEK CONDO, this price point lands at the most expensive of 5 comparable homes on the market. At 601 sqft smaller than the typical comp, the size difference factors into the valuation. At 0.05 acres, the lot is smaller than the 0.14 acre comp average, which factors into pricing. The active market in BOULDIN CREEK CONDO includes 5 comparable homes priced from $194,900 to $250,000. In 78704, home values have fallen approximately 1.8% over the past 6 months. One of the strongest data points is 802 S 1st ST # 203, Austin TX 78704, adjusting to $250,000; a strong comparable. The 7 comps used here provide a solid foundation for this valuation. Keep in mind, I have not personally inspected this property. The numbers are data driven, not firsthand. Questions about this property or this area? Reach out anytime. Ed Neuhaus, Neuhaus Realty Group