807 Blanco # 203, Austin TX 78703

Based on 7 closed sales in RAYMOND, the data points to a value around $388,578 for this home. Given current inventory and recent sales, the sweet spot for listing this home is $328,000 to $338,000. This home's position in the current RAYMOND market: the 2nd least expensive of 7 comparable homes on the market among comparable properties. Being built in 1984 (12 years newer than comps) is factored into the value estimate. Lot size matters here: 0.58 acres versus 0.01 for the typical comp. The active market in RAYMOND includes 7 comparable homes priced from $309,000 to $574,000. Market data shows 78703 prices fallen 9.3% over the last half year. The closest comparable sale, 807 Blanco ST # 301, Austin TX 78703 at an adjusted $373,202, is a strong comparable. The strength of this estimate comes from 7 directly comparable sales in RAYMOND. This is strictly a numbers based opinion. Condition, upgrades, and layout can shift value in ways data cannot capture. Have questions? I'm always available. Ed Neuhaus, Neuhaus Realty Group