Taking into account 5 nearby comparable sales, this property's estimated value comes to $208,145. If we were to list this property today, I'd recommend a list price in the $222,000 to $242,000 range. Relative to what's currently available in PRESERVATION SQUARE CONDOMINIUMS, this home would be the 2nd least expensive of 5 comparable homes on the market. Buyers in PRESERVATION SQUARE CONDOMINIUMS have 5 comparable options right now, with asking prices between $199,900 and $285,000. The 6 month price trend in 78705: fallen 17.5%. The best comp here is 912 W 22nd ST # 201, Austin TX 78705 at an adjusted value of $213,230, a strong comparable. The strength of this estimate comes from 5 directly comparable sales in PRESERVATION SQUARE CONDOMINIUMS. 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