901 W 9th # 903, Austin TX 78703

Based on what similar homes have actually sold for within half a mile, I'd place this property's value at $1,888,986. I'd recommend coming to market at $1,451,000 to $1,461,000 to strike the right balance between value and market velocity. With 4 comparable homes on the market in NOKONAH CONDO, this price positions the property as the 2nd most expensive of 4 comparable homes on the market. The larger floor plan (206 sqft compared to the average comp) is a meaningful differentiator in this price range. Built in 2001, this home is 9 years older than the average comp, which is reflected in the adjustments. The active market in NOKONAH CONDO includes 4 comparable homes priced from $1,269,000 to $2,500,000. The trend in 78703 shows prices have fallen 9.3% in the past 6 months. 800 W 5th ST # 808, Austin TX 78703 nearby adjusts to $1,404,068; a strong comparable. Based on 3 relevant data points in NOKONAH CONDO, 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