The market data from 6 similar recent sales in NEELYS CANYON CONDO points to a value of approximately $218,111. To sell within a reasonable timeframe at fair market value, the $170,000 to $180,000 range is where I'd position this. Against 7 similar active listings in NEELYS CANYON CONDO, this price point lands at the 3rd least expensive of 7 comparable homes on the market. Current inventory shows 7 comparable homes in NEELYS CANYON CONDO; a seller's market based on recent absorption. In NEELYS CANYON CONDO, home values have risen approximately 24.6% over the past 6 months. One of the strongest data points is 8200 Neely DR # 237, Austin TX 78759, adjusting to $284,150; a strong comparable. The 6 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
