802 S 1st ST # 218, Austin TX 78704

Based on what similar homes have actually sold for within a few blocks, I'd place this property's value at $549,592. I'd recommend coming to market at $233,000 to $243,000 to strike the right balance between value and market velocity. With 7 comparable homes on the market in BOULDIN CREEK, this price positions the property as the most expensive of 7 comparable homes on the market. At 238 sqft smaller than the typical comp, the size difference factors into the valuation. 7 similar homes are currently available in BOULDIN CREEK, creating a buyer's market for this price range. The trend in 78704 shows prices have fallen 3.8% in the past 6 months. 802 S 1st ST # 225, Austin TX 78704 nearby adjusts to $360,000; a strong comparable. Based on 7 relevant data points in BOULDIN CREEK, I'm comfortable with this estimate. Without stepping inside, I can only go by what the data shows. An in person look would tell the full story. Ed Neuhaus, Neuhaus Realty Group | Austin, TX