901 W 9th # 606, Austin TX 78703

The market data from 3 similar recent sales in NOKONAH CONDO points to a value of approximately $1,888,498. To sell within a reasonable timeframe at fair market value, the $1,450,000 to $1,460,000 range is where I'd position this. In the current NOKONAH CONDO market with 4 similar homes available, this price represents the 2nd most expensive of 4 comparable homes on the market. At 205 sqft larger than the typical comp, the size difference factors into the valuation. The 2001 construction puts this home 9 years older than the comp average, a factor in the pricing. With 4 similar homes currently listed in NOKONAH CONDO (a buyer's market), competition is a factor to consider. In 78703, home values have fallen approximately 9.3% over the past 6 months. One of the strongest data points is 800 W 5th ST # 808, Austin TX 78703, adjusting to $1,403,749; 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