901 W 9th ST # 205, Austin TX 78703

Based on what similar homes have actually sold for within a mile, I'd place this property's value at $2,451,823. I'd recommend coming to market at $1,970,000 to $1,980,000 to strike the right balance between value and market velocity. In the current NOKONAH CONDO market with 7 similar homes available, this price represents the 3rd least expensive of 7 comparable homes on the market. Built in 2001, this home is 13 years newer than the average comp, which is reflected in the adjustments. The 0.02 acre lot (smaller than the 0.08 acre average) is reflected in the estimate. With 7 similar homes currently listed in NOKONAH CONDO (a buyer's market), competition is a factor to consider. The trend in 78703 shows prices have fallen 9.3% in the past 6 months. 901 W 9th ST # 1002, Austin TX 78703 nearby adjusts to $2,465,891; a strong comparable. With 7 solid comps to draw from, the data tells a consistent story. Of course, without seeing the property in person, this is a data based estimate only. Ed Neuhaus, Neuhaus Realty Group