8200 SOUTHWEST PKWY # 703, Austin TX 78735

The market data from 4 similar recent sales in 78735 points to a value of approximately $516,930. To sell within a reasonable timeframe at fair market value, the $408,000 to $418,000 range is where I'd position this. In the current 78735 market with 7 similar homes available, this price represents the 2nd least expensive of 7 comparable homes on the market. The smaller floor plan (116 sqft compared to the average comp) is a meaningful differentiator in this price range. The 2016 construction puts this home 8 years newer than the comp average, a factor in the pricing. There are currently 7 similar homes on the market in 78735, ranging from $420,000 to $969,000. In 78735, home values have fallen approximately 10.4% over the past 6 months. One of the strongest data points is 8200 Southwest PKWY # 306, Austin TX 78735, adjusting to $687,469; a strong comparable. 4 comparable transactions in 78735 support the reliability of this estimate. As always, a data based estimate has its limits. Seeing the home in person is the best way to confirm value. Ed Neuhaus, Broker/Owner | Neuhaus Realty Group