901 W 9th # 901, Austin TX 78703

The market data from 3 similar recent sales in NOKONAH CONDO points to a value of approximately $385,411. To sell within a reasonable timeframe at fair market value, the $510,000 to $535,000 range is where I'd position this. Among the similar homes currently available in NOKONAH CONDO, this price point stands out as competitive. The 2001 construction puts this home 6 years older than the comp average, a factor in the pricing. At 0.00 acres, the lot is smaller than the 0.05 acre comp average, which factors into pricing. Current inventory shows 7 comparable homes in NOKONAH CONDO; a buyer's market based on recent absorption. In 78703, home values have fallen approximately 9.3% over the past 6 months. One of the strongest data points is 54 Rainey ST # 815, Austin TX 78701, adjusting to $308,387; a strong comparable. The 3 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