Taking into account 4 nearby comparable sales, this property's estimated value comes to $547,543. If we were to list this property today, I'd recommend a list price in the $1,058,000 to $1,149,000 range. This home's position in the current NOKONAH CONDO market: the 2nd most expensive of 3 comparable homes on the market among comparable properties. Being built in 2001 (6 years older than comps) is factored into the value estimate. Current inventory shows 3 comparable homes in NOKONAH CONDO; a buyer's market based on recent absorption. The 6 month price trend in 78703: fallen 9.8%. The best comp here is 54 Rainey ST # 1017, Austin TX 78701 at an adjusted value of $358,600, a strong comparable. This estimate draws on 4 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