901 W 9th ST # 305, Austin TX 78703

Reviewing the most recent comparable transactions, this home's market value falls around $2,462,709. For a well positioned listing in NOKONAH CONDO, I'd target the $1,578,000 to $1,588,000 range. In the current NOKONAH CONDO market with 7 similar homes available, this price represents the 2nd least expensive of 7 comparable homes on the market. The larger floor plan (151 sqft compared to the average comp) is a meaningful differentiator in this price range. At 0.02 acres, the lot is smaller than the 0.06 acre comp average, which factors into pricing. Buyers in NOKONAH CONDO have 7 comparable options right now, with asking prices between $1,390,000 and $3,995,000. Recent trends in 78703 show home values have fallen 9.8% since 6 months ago. The most comparable recent sale is 901 W 9th ST # 1002, Austin TX 78703, with an adjusted value of $2,511,174; a strong comparable. The 7 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