901 W 9th ST # 405, Austin TX 78703

Based on 7 closed sales in NOKONAH CONDO, the data points to a value around $2,529,094 for this home. Given current inventory and recent sales, the sweet spot for listing this home is $3,164,000 to $3,745,000. Relative to what's currently available in NOKONAH CONDO, this home would be the most affordable of 7 comparable homes on the market. This home's larger footprint (134 sqft vs the comp average) plays a role in how the market prices it. Being built in 2001 (13 years newer than comps) is factored into the value estimate. Current inventory shows 7 comparable homes in NOKONAH CONDO; a buyer's market based on recent absorption. Market data shows 78703 prices fallen 9.3% over the last half year. The closest comparable sale, 901 W 9th ST # 1002, Austin TX 78703 at an adjusted $2,617,226, is a strong comparable. This estimate draws on 7 comparable sales, offering a reliable picture of market value. That said, this is a data only estimate. A walkthrough could change the picture. Want a detailed analysis for a home you're considering? I'm happy to help. Ed Neuhaus